settam
Dryer sheet wannabe
In my second week of retiring early (and loving every minute of it!) I am wondering what to do with my 401K that is with Fidelity. The portfolio is about 500K. Here's my situation:
I have about 600K in investments with New York Life. I have known my agent for over 25 years. He has always been straight with me and given great advice. He knows me well and I trust him very much. I am thinking of rolling the Fidelity 401K over to NYL into an IRA or ??.
I have been talking to a Fidelity rep who had a custom prepared analysis booklet done for me that included my 401K as well as all my NYL investments. The projections look good rolling the 401K into Fidelity IRA's or ? investments. However the rep is starting to seem anxious even though I told him I don't move too fast on these things. I can leave the 401K where it is at, but the investment choices are limited.
I don't think I will need to tap any money from the 401K for about 3 years.
I am looking for "food for thought" to help make the best choice of what to do. With the great folks on this board, any thoughts will be greatly appreciated (Be nice).
I have about 600K in investments with New York Life. I have known my agent for over 25 years. He has always been straight with me and given great advice. He knows me well and I trust him very much. I am thinking of rolling the Fidelity 401K over to NYL into an IRA or ??.
I have been talking to a Fidelity rep who had a custom prepared analysis booklet done for me that included my 401K as well as all my NYL investments. The projections look good rolling the 401K into Fidelity IRA's or ? investments. However the rep is starting to seem anxious even though I told him I don't move too fast on these things. I can leave the 401K where it is at, but the investment choices are limited.
I don't think I will need to tap any money from the 401K for about 3 years.
I am looking for "food for thought" to help make the best choice of what to do. With the great folks on this board, any thoughts will be greatly appreciated (Be nice).