Should I rollover my 401k ?? ; age 60.
401k in Vanguard.
Most of the money is in something called the "Fixed Fund" which , technically, is not a Vanguard fund, but is in my 401k. It's similar to a money market fund and used to be called the Guaranteed Income Fund,,,was renamed many years ago after funds like this one were hurt by the junk bond fiasco; the word Guaranteed was incorrect as it implied the fund was guaranteed by the good old US of A.
Anyway it's current yield is 4.4%, but Vanguard's prime mm fund's yield is 5.1%.
I could rollover and pick any Van. fund - more choices in other words, but there may be more costs/fees involved.
BTW, the reason most of the money is extremely conservatively invested is because I have other money in stocks using Ameritrade.
Back to my reference to Van Prime MM fund: it's yield right now is excellent, but
what about the future ?
401k in Vanguard.
Most of the money is in something called the "Fixed Fund" which , technically, is not a Vanguard fund, but is in my 401k. It's similar to a money market fund and used to be called the Guaranteed Income Fund,,,was renamed many years ago after funds like this one were hurt by the junk bond fiasco; the word Guaranteed was incorrect as it implied the fund was guaranteed by the good old US of A.
Anyway it's current yield is 4.4%, but Vanguard's prime mm fund's yield is 5.1%.
I could rollover and pick any Van. fund - more choices in other words, but there may be more costs/fees involved.
BTW, the reason most of the money is extremely conservatively invested is because I have other money in stocks using Ameritrade.
Back to my reference to Van Prime MM fund: it's yield right now is excellent, but
what about the future ?