29 and my company got bought out. I get too keep my job. The 401k and the pension are better. I've been pretty good at maxing out my 401k. I have a brokerage account where I'm not too aggressive, consist of consistant dividend payers and raisers and low cost index funds, (s&p, dividend aristocrats). I've only been alive for the great bull market, I'm comfortable with my positions though.
Now down to business. 350k in my 401k. It was at 400 before this last little hiccup in the market. So I can roll this old 401k into a IRA, I want to go self directed, own my home with about 8 years to go and I've always thought I'd own rentals, debating if I should buy a rental or rentals with a self directed IRA. Or keep my money in the stock market? I feel buying rentals is less risk, but I'm also not educated in owning rentals which is inherently a risk. Looking for some advice. Also I live in the SF bay area and I dont plan on buying a home around here or even California, I was thinking utah(where I plan to retire) or texas. I think i could only afford 1 rental In Utah, could probably pull 2 in texas. Any advice or criticism is welcome.
Now down to business. 350k in my 401k. It was at 400 before this last little hiccup in the market. So I can roll this old 401k into a IRA, I want to go self directed, own my home with about 8 years to go and I've always thought I'd own rentals, debating if I should buy a rental or rentals with a self directed IRA. Or keep my money in the stock market? I feel buying rentals is less risk, but I'm also not educated in owning rentals which is inherently a risk. Looking for some advice. Also I live in the SF bay area and I dont plan on buying a home around here or even California, I was thinking utah(where I plan to retire) or texas. I think i could only afford 1 rental In Utah, could probably pull 2 in texas. Any advice or criticism is welcome.