IRA money
I am 81 years old and wonder, Should I move my IRA account money to a money market account?
Terry Says
Is your IRA invested in the stock market, in a mutual fund? Are you willing to risk losing 20-30% of your money if a bear market comes along (that’s a typical loss). If you have “enough” and don’t want to take any more risk, then by all means move most of it into a Treasury-only money market fund, staying INSIDE your IRA.
