Talk of The Villages Florida - View Single Post - Moving all money .......
View Single Post
 
Old 05-01-2023, 02:36 PM
Stu from NYC Stu from NYC is offline
Sage
Join Date: Feb 2020
Posts: 15,221
Thanks: 1,259
Thanked 16,218 Times in 6,347 Posts
Default

Quote:
Originally Posted by Gigi3000 View Post
Should i move all funds to Vanguard Federal MM? I have it currently in VTSAX and VTTVX. I'm not the best at reading my returns but neither have paid a dividend or a very small one this year. Its an IRA. Ive been to a financial advisor but these interest rates have gone up in the last few months so i question whether i should do their recommendations at this time. I would have about 1 million in the MM if i make this change, i know that is over that SPIA limit.
Without knowing your total financial picture nobody can make any specific suggestions. Depending on your age you might need to have your funds last for 30 or more years.

Suggest a fee only financial advisor but talk to a couple and decide whom you would be comfortable with.