How Can CIA Help You?

Request Consultation
Ask an Advisor
Financial Tools
Request Consultation
Ask an Advisor
Financial Tools
Blog

General Finance Question – Retirement Planning 401K

Q: I have retired but, I have left my retirement plans with the companies I have worked with. I need to know what should be done at this point and, what the safest vehicles would be for these funds, which amount to $35,000.00.

 

A: The best thing to do with old employer plans is to roll them out of the respective plan and into an IRA that you set up. Once in an IRA, we like to diversify the assets across a couple of different index funds. Index funds provide exposure to a particular market sector while removing company specific risk. Our firm likes to use ETFs (Exchange Traded Funds) as they are generally low-cost and closely track the index that we’re looking for exposure to.

A few good ETFs to take a look at are IVV (tracks the S&P 500), SDY (tracks the dividend growers on the S&P 500) and BND (tracks the total bond market).


 

Get Started Today

Request Consultation
Ask an Advisor
Retirement Calculator
Retirement Calculator
Social Security Optimizer
eBook
jordan 12 cherry jordan 12 cherry jordan 12 cherry jordan 12 flu game jordan 12 flu game jordan 12 flu game jordan 12 french jordan 12 french jordan 12 french jordan 12 gym jordan 12 gym jordan 12 gym jordan 12 ovo jordan 12 ovo jordan 12 ovo jordan 12 unc jordan 12 unc jordan 12 unc jordan 12 wings jordan 12 wings jordan 12 wings
adidas human race black adidas human race blue adidas human race green adidas human race grey adidas human race pink adidas human race red adidas human race white adidas human race yellow