Comments on: Retirement NestEgg Report – March 2007 http://myfinancialjourney.com/archive/retirement-nestegg-report-march-2007 Sun, 03 Jul 2011 02:33:03 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: My Financial Journey » Net Worth: How I stack up http://myfinancialjourney.com/archive/retirement-nestegg-report-march-2007/comment-page-1#comment-10018 My Financial Journey » Net Worth: How I stack up Wed, 25 Apr 2007 11:55:31 +0000 http://www.myfinancialjourney.com/archive/retirement-nestegg-report-march-2007#comment-10018 [...] net worth guy, in fact I don’t track my net worth. The only thing I track on this site is my retirement nest egg. The reason I don’t track net worth is that there is no defined formula for tracking it, and [...] [...] net worth guy, in fact I don’t track my net worth. The only thing I track on this site is my retirement nest egg. The reason I don’t track net worth is that there is no defined formula for tracking it, and [...]

]]> By: MFJ http://myfinancialjourney.com/archive/retirement-nestegg-report-march-2007/comment-page-1#comment-4003 MFJ Sun, 01 Apr 2007 01:28:35 +0000 http://www.myfinancialjourney.com/archive/retirement-nestegg-report-march-2007#comment-4003 Well I have only been on my new job for about a month so far. Also I have some matching funds that are coming in June so it would be a major hassle if I roll them out before that. Then on top of it, it is nearly impossible to find a descent brokerage who is set up to do a Roth 401k to a Roth IRA rollover. So for right now the funds are sitting where they are. The previous 401k plan is actually excellent and I had about 60 different mutual funds to choose from, all no-load and very reasonable expense ratios. In fact because of them being investor shares I may be better off leaving them where they are because many of the mutual funds that I would invest in anyway have lower expense ratios through the old 401k. But yeah generally it is a good idea to roll them over to a self managed IRA at a discount broker or your favorite mutual fund family. Well I have only been on my new job for about a month so far. Also I have some matching funds that are coming in June so it would be a major hassle if I roll them out before that. Then on top of it, it is nearly impossible to find a descent brokerage who is set up to do a Roth 401k to a Roth IRA rollover. So for right now the funds are sitting where they are.

The previous 401k plan is actually excellent and I had about 60 different mutual funds to choose from, all no-load and very reasonable expense ratios. In fact because of them being investor shares I may be better off leaving them where they are because many of the mutual funds that I would invest in anyway have lower expense ratios through the old 401k.

But yeah generally it is a good idea to roll them over to a self managed IRA at a discount broker or your favorite mutual fund family.

]]> By: Shadox http://myfinancialjourney.com/archive/retirement-nestegg-report-march-2007/comment-page-1#comment-4001 Shadox Sun, 01 Apr 2007 01:01:26 +0000 http://www.myfinancialjourney.com/archive/retirement-nestegg-report-march-2007#comment-4001 Why did you decide to no roll your old 401k accounts into IRAs? Generally speaking keeping old 401ks is not a great straetgy. I actually have a post about the topic: http://moneyandsuch.blogspot.com/2007/02/6-reasons-to-roll-over-your-401k-after.html Why did you decide to no roll your old 401k accounts into IRAs? Generally speaking keeping old 401ks is not a great straetgy. I actually have a post about the topic:

http://moneyandsuch.blogspot.com/2007/02/6-reasons-to-roll-over-your-401k-after.html

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