Asking for advice..... Obviously my 401k contributions will end this week. I moved the majority of the $ some years ago into a Vanguard MMF as a safety hedge, and am happy with its performance since, even though my returns would have been much greater if I had left it alone.
What to do with the remainder? We have other investments that have much larger balances than this. I am considering moving the majority of my 401k funds into a liquid IRA, and take the tax hit on about 1/3 of the balance to draw down over the next few years. I can take SS in December (66y 10 mo), which will provide a good amount of the dosh I will need.
I have a portfolio at Vanguard, and my wife has one at Fidelity, as well as a small one at Schwab along with Apple stock at Etrade. We don't touch any of those, at least we haven't up to this point. There are other bits and bobs in the mix; we own our condo as well as another that we rent to our son . We have no debt, just monthly living expenses.
Although I love them dearly, I have told my wife if we find good homes for our two cats we can go walkabout anywhere, any time that we want. I did float the idea of renting a motorhome and taking them along for the ride around the country. I figure after a few days they might acclimate and quit squawking.
If not I am sure there are a few rivers we would cross that we could chuck them in. I am totally teasing with that last comment....
Looming retirement feels weird, thank you all for putting up with my ramblings. Strange days indeed, most peculiar momma (John Lennon FWIW). Out.
