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Rollover temptations
Old 11-18-2014, 04:39 PM   #1
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Join Date: Aug 2013
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Rollover temptations

As a somewhat newer investor it was interesting to see myself face the same rollover tempations many Americans face every day. A big fat check, waiting to be cashed...only I sent mine onto VG.

But that's really only 1/2 of it...getting the checks too VG or any other investment firm usually doesn't happen...I've read the statistics and its staggering how many folks never reinvest there 401ks when leaving a company.

Or the number of people who let there 401ks sit in a bad investment for a very long time.

I wasn't tempted because I had a plan and a goal and I stuck to it (Asset Alloc Strat)..but I can only imagine for folks who don't have a plan or goal..and to have a large sum of money dropped upon them with no the temptations...jet skis, boats, cruises, new cars and trucks...

or your decide.
AA (Stock/Bond/Cash ): 99/0/1% MIX (Small/Mid/Large): 50/25/25% BLEND(US/Foreign): 100/0%, REIT (Real Estate Equity): 50% of Assets

FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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