Talk of The Villages Florida - View Single Post - Advice pls
Thread: Advice pls
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Old 12-20-2020, 07:45 AM
Eg_cruz Eg_cruz is offline
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Originally Posted by Rga20 View Post
Now that I've finally retired what do I do with my 401k. Don't anticipate needing the money but don't want to lose it either. Appreciate your inputs.
I would look for a local Chartered Financial Advisor, review with them. The problem with 401K they limit you on what your allow to invest in and when you pull funds out they automatically withhold 20% depending on your tax bracket this may not be the right percentage. The last thing is a financial can help set up your goals where the 401k may not have a personal you can speak to on a regular basis.
Look up some seminars that have financial brokers speaking, this way you can see if the even appeal to you if so set up a personal meeting , if not move on. Worth your time