403 b Fixed to Market?
Hi Terry,
I retired in June after 36 years as a Public School teacher. I have a little over 500,000 in a 403b. It is at a fixed rate, 3%. I have the option through Corebridge to change the fixed annuity to a target mutual fund. My Corebridge provider seems to think this would still be conservative and provide more growth. I am not using this money. I am comfortable living on my pension.
Do you have an opinion or advice on the potential move?
Thank you!
Terry Says
You are dealing with salespeople, not FIDUCIARY financial advisors.
Please, please click on this link, read the article — and watch the new video.
Go through the process of talking with a fee-only fiduciary. No commitment. This is the kind of advice you need. You might not need the money now, but guaranteed you’ll need it in the future.
