Ask Terry Questions 401k investment –

401k investment –

By Terry Savage on July 11, 2025 | Financial Planning / Retirement

I’ll be 60 in November and have about 1.75 million in 401/roth. I’m basically maxing out my 401k and getting 9% match. Should I reduce my contribution and put that money in a brokerage investment account to enjoy and use some of that money now. Have about 45k left on house with low interest rate.

Terry Says

This is a perfect time to review your entire financial situation. Please read this and let Pam match you with a carefully-vetted, fee-only FIDUCIARY financial advisor:
https://www.terrysavage.com/pam-krueger-wealthramp/

They will review your retirement income needs, your risk tolerance, your estate plan, taxes — and perhaps some things you never thought about — such as long term care insurance (which now comes with a death benefit if not used) to cover the most expensive potential challenge to your retirement.

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