Hi,
Just retired and am moving my 401 from Prudential to Vanguard. It has 105,000. in it. I will not need it for at least 10-15 years so I want it to work for me. In the meantime, we have pensions and are using my husband's IRA to fund the next 10-15 years. We are trying to stay just under the 15% tax level as well.
So, I have tried to figure out all the jargon, but frankly, I taught the arts for a reason. I have no head for numbers, etc....since I am being called by a Vanguard rep. to talk about where to put my money.....where do I start? Can I trust them to give me good advice? It appears, since I have more then 100,000. I get to have their advice for free? What questions should I ask?
My plan was to keep my money in something rather aggressive at least for now. And reassess a couple of times a year. Does that sound solid?
I realize that I am asking advice on something somewhat personal, but any advice is really appreciated.
Thanks, Karen
Just retired and am moving my 401 from Prudential to Vanguard. It has 105,000. in it. I will not need it for at least 10-15 years so I want it to work for me. In the meantime, we have pensions and are using my husband's IRA to fund the next 10-15 years. We are trying to stay just under the 15% tax level as well.
So, I have tried to figure out all the jargon, but frankly, I taught the arts for a reason. I have no head for numbers, etc....since I am being called by a Vanguard rep. to talk about where to put my money.....where do I start? Can I trust them to give me good advice? It appears, since I have more then 100,000. I get to have their advice for free? What questions should I ask?
My plan was to keep my money in something rather aggressive at least for now. And reassess a couple of times a year. Does that sound solid?
I realize that I am asking advice on something somewhat personal, but any advice is really appreciated.
Thanks, Karen