Ask Terry Questions What to do with my 403B account

What to do with my 403B account

By Terry Savage on August 18, 2019 | Investments

Just read your article about the declining stock market. I am retired and am 76 years old.
I have a 403B retirement fund with Schwab and they have invested it in stocks.
???? Are annuities better??
Thanks, Chuck

Terry Says

Chuck, I don’t want you to make the proverbial jump “out of the frying pan and into the fire”!!   The alternative to stocks is a money market mutual fund, where you get a tiny return — but you won’t lose any money.  Read my latest column “Sell Down to the Sleeping Point”  to understand what I am saying.

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