401k

By Terry Savage on July 02, 2024 | Financial Planning / Retirement

My wife is 54 and just completed 34 yrs at her HR position with Wal-Mart. Her 401k currently has about $400,000. She is looking to “retire” from Wal-Mart and go to work for local Chiropractor, at same pay. I will continue to work for two more years in my LE job and retire at 30 yrs w/pension.

What should we do with the 401K, if my wife leaves Walmart ?

Terry Says

Read this:  Rollover Now – Terry Savage

Once the rollover is done — and just put it all in a money market account for the time being — then she will be faced with some investment choices.  Before making those choices — and she doesn’t need to pay for help on that — read this next column:

Dangerous Stock Market Complacency? – Terry Savage

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