Retiree Safest Investment
Terry, I am approaching 70 and retired. I have 300,000 in my company 401k that I should withdraw. What would be your advice for least risk at this time? Thank You!
Terry Says
No, no no!!! You dont want to WITHDRAW — you need to do a rollover, and invest more conservatively. Otherwise you will pay a huge amount in taxes, and lose all future tax-deferred growth.
Read this: https://www.terrysavage.com/rollover-now/
