Rustic23
Thinks s/he gets paid by the post
DW and I have about a half million in IRAs with USAA. USAA has sold their asset management to someone called Victory Capital. A firm I have never heard of and has made no effort to contact me about these account. Soooo.. we plan on moving two IRAs to another asset management firm.
The probability is our kids will inherit this money. We both take RMDs, and role it over to a money market. These IRAs are currently invested in USAA mutual funds and index funds. The asset allocation is, I think fairly aggressive. S&P 500, NASDAQ 100, Total Market fund, and a money market. No bonds. (cola'd pensions cover our spending at about 2 and 1/5 times. Open to a bond fund, just not sure why. DW may have one other small index fund. I balance every year to 6 months. Money market is simply to hold cash for RMD.
So, I'm looking for recommendations on where to move this money to. Ease of transfer, safety, ease of use, and anything else you all can think of I should be interested in. Now I keep our emergency in a USAA money market, however, I could also transfer the majority of that into a taxable account as long as it is readily available.
I don't trade stock. DW has a couple thousand dollars she inherited, but we other than that no individual stocks.
So, looking for advice.
The probability is our kids will inherit this money. We both take RMDs, and role it over to a money market. These IRAs are currently invested in USAA mutual funds and index funds. The asset allocation is, I think fairly aggressive. S&P 500, NASDAQ 100, Total Market fund, and a money market. No bonds. (cola'd pensions cover our spending at about 2 and 1/5 times. Open to a bond fund, just not sure why. DW may have one other small index fund. I balance every year to 6 months. Money market is simply to hold cash for RMD.
So, I'm looking for recommendations on where to move this money to. Ease of transfer, safety, ease of use, and anything else you all can think of I should be interested in. Now I keep our emergency in a USAA money market, however, I could also transfer the majority of that into a taxable account as long as it is readily available.
I don't trade stock. DW has a couple thousand dollars she inherited, but we other than that no individual stocks.
So, looking for advice.