Ask Terry Questions Best Investment Option for Retirement

Best Investment Option for Retirement

By Terry Savage on December 11, 2023 | Financial Planning / Retirement

I have a $90,000 decedent IRA in a Merrill Edge acct. to use over 10 years, $16000 in an IRA with Edward Jones (not impressed so far), $77,000 in Fidelity from my last employer, (I’ve been laid off and am looking for work) and $220,000 from an Estate account that I just transferred to my US Bank savings acct. What is the best thing to do to get the most return on these funds? I’m 57 and don’t have a huge savings account and I would like to make my retirement (I figure I have ~10 or 13 years to work) rock steady for my wife and I so we can enjoy ourselves during this time. I have 4 adult children, two of which still live at home, one of them is in school currently. Please help! Thank you Terry. I look forward to your response.

Terry Says

You are at the perfect juncture to seek financial help from someone you can trust — someone who is not out to sell you anything, who just charges a fee to help create a financial/investment/retirement plan — and who promises in writing to put your interests ahead of his or her own.
In short, you need a fee-only FIDUCIARY financial planner.

Find one here:

This is a complex subject. These advisors all are fee-only fiduciaries, carefully vetted by Pam Krueger. This is the way to go.

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