Investing 401k Funds After Retirement

There are a few different factors that go into how you will invest your 401k funds after retirement. To download the free 401(k) Rollover 10-Point Checklist go to http://retirementplanningmadeeasy.com/401krollover Your 2 big options are: 1. Leave your funds at your old employer 2. Rollover your 401k into an IRA If you leave your funds at your old employer, be sure to check the partial distributions rule. They may not allow partial distributions. In other words, if you want to make a withdrawal after retirement you may have to take the whole amount out. Check with your plan to know its rules. Even if you don't roll over your 401k funds after retirement, you still need to know your risk tolerance and time horizon for your investment. You then need to align your investments within the 401k to meet your risk tolerance and retirement goals. You don't want to be too aggressively invested if you can't handle the large market swings that come with more aggressive funds. Under option 2, you can roll your 401k into an IRA. You will have more investing options and better beneficiary options this way. You will need to understand your risk tolerance and time horizon for this investment. You then need to match up your investments to meet those retirement goals. Some 401k investing tips after retirement: 1. You will probably be more conservative with your IRA and 401k investments after you retire. 2. After you retire, this is money you cannot replace. 3. Your IRA / 401k must last you throughout your retirement. 4. Have an investment plan in place for how you invest your 401k funds and your IRA funds. To download the free 401(k) Rollover 10-Point Checklist go to http://retirementplanningmadeeasy.com/401krollover And be sure to check out more videos / articles and retirement information at http://retirementplanningmadeeasy.com/

Comments