By Terry Savage on April 29, 2024 | Financial Planning / Retirement

Hi Terry… I am 62 years old and am not planning on retiring soon. I have approx $90,000 coming from a pension. Should I leave it alone or withdraw it and roll it into something else?

Terry Says

Don’t WITHDRAW it.  But you could do a tax-free rollover.

Read this:  Rollover Now – Terry Savage

The rollover should be done directly, as noted in this column, to avoid any tax issues.  You can invest it conservatively — perhaps in an equity-income fund, and half in a government securities money market fund.  Let it keep growing as long as possible.  And try to wait as long as possible — to age 70 — to take SS.

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