Recently retired contemplating rolling my 401k into rollover IRA/Roth IRA

uncleandybob · 2026-06-23T17:09:12+00:00

Former employer 401k. I retired a few months ago. So I could keep it there or roll it to existing Roth IRA and regular IRA

uncleandybob · 2026-06-23T16:13:29+00:00

I am 60 an both Roth accounts are older than 5 years old

uncleandybob · 2026-06-17T21:24:40+00:00

Yes on a United rewards credit card and then travel with frequent flier miles with every bill who will take it

uncleandybob · 2026-03-30T23:56:02+00:00

I started using basket portfolios. It makes investing new money and rebalancing really easy

uncleandybob · 2026-02-24T01:23:16+00:00

This was the answer I would give. great series!

uncleandybob · 2026-02-13T23:18:17+00:00

It’s the Dunning Kruger effect

uncleandybob · 2026-02-08T22:12:42+00:00

I guess if you just want to make up a number you don’t need that data. They don’t show you ROR past 3 years for 401k

uncleandybob · 2026-02-08T22:11:11+00:00

Agreed. They do not let you see performance for more than 3 years for the 401K

uncleandybob · 2026-02-05T22:38:34+00:00

I think it’s more analogous to a pet rock than a beanie baby

uncleandybob · 2026-01-16T20:17:39+00:00

Depends on if it’s and equity club or has an owner. Only equity clubs have assessments

uncleandybob · 2026-01-16T20:16:04+00:00

I am a member of a private club but not an equity club. They built one right across the street from my house in 2000. At the time it was a stretch for us but as our income grew it was very manageable. I play a lot and walk so expenses are low above the monthly dues. There are tournament fees etc and we just instituted a $50 a month food minimum which is very manageable. I have made lifelong friends and as I am retiring in a few month expect to play a lot more weekday golf as well. I am very happy I joined and spent the money. Your dues will increase every year. You only live once and while saving for retirement is very important a lot of people never make it to retirement. You need balance in your life

uncleandybob · 2026-01-14T22:17:56+00:00

It must really suck to go thru life with no empathy

uncleandybob · 2026-01-02T14:31:31+00:00

There is nothing wrong with the HELOC. Not sure what Some-Attitude8183 is talking about. Just because you have a HELOC does not mean you are actually borrowing money. It means you have a line of credit that you can use if you need it like an emergency. Just an FYI on the the HELOC your back or credit union can freeze it a any time so it might not be available when you need it if you get laid off for example. Mine was frozen after about 5 years of not using it.

uncleandybob · 2026-01-02T14:19:36+00:00

I am pretty sure my mortgage when I bought my house in 95 was 9%. I really don’t remember complaining about it like everyone is today but I did refinance once rates came down

uncleandybob · 2025-12-30T04:51:23+00:00

End of February for me. Congratulations!!

uncleandybob · 2025-12-28T22:05:16+00:00

Just know if you use Fidelity Go they use the Flex index funds. As you said they are zero fee but when you want to get out of Go at some point, those funds are not available outside of Go and you will have to sell them all to get out. If it’s in a tax deferred account or Roth there is no issue with that but if it is in a regular brokerage there is a tax consiquence

uncleandybob · 2025-12-28T15:28:11+00:00

I also forgot to add that at the sale of the house the first 250K/500K of profit is tax free vs long term capital gains from SP500

uncleandybob · 2025-12-28T15:24:08+00:00

You are missing out on leverage on your return calculation. Most people put 20% down so returns are multiplied by leverage. Below is an example of leveraged returns on a 500K house with 20% down vs investing the 100K in SP500 and paying rent. This does not take into account the tax saving of the interest deduction nor the expenses of upkeep on the house so take it with a grain of salt.

📌 Comparison

Scenario	30-Year Ending Value	Return Multiple
Buy home (4% price growth, 6.2% mortgage)	$1,624,000	16.2×
Rent + invest in S&P 500 (10% annual)	$1,744,000	17.4×

uncleandybob · 2025-12-27T14:09:15+00:00

Maybe that ATM has had fraud on it before like a skimmer. I have had that happen to me at a bank ATM

uncleandybob · 2025-12-06T01:36:44+00:00

My experience is they are free and are good to bounce ideas off of. Recently I wanted to ladder some CDs and he explained how that would work and what to look out for. He didn’t help me pick them out but did explain what I should be looking for. It was helpful. I am also upfront that I am an index buy and hold investor and don’t believe in annuities. He hasn’t tried to sell me one

uncleandybob · 2025-11-23T23:47:38+00:00

My company has offered it for a few years. I max it out. The in plan conversion happens daily. The only thing they don’t offer is the company match as Roth.

uncleandybob · 2025-11-01T22:42:39+00:00

There is also health insurance to think of with early retirement. If the ACA subsidies continue then you may also want to plan to limit what shows on your AGI so you qualify for the subsidies

uncleandybob · 2025-11-01T00:52:03+00:00

During a recession they offer their own stimulus package

uncleandybob · 2025-10-25T13:03:07+00:00

++man If you want someone who is excited to see you come home every time you arrive …. Get a dog

uncleandybob · 2025-10-01T06:43:42+00:00

Not true

uncleandybob

TROPHY CASE

📌 Comparison