[USER]

So im an educator and have about $130k in my 403b by vanguard. I have 180k in fidelity from my previous employer.

I’m 47.

1. Do I roll over?

2. Both are invested in Vanguard Target 2045 Retirement fund.

Should I change that?

[Wayne]

I would suggest rolling your $180k from your previous employer into a self directed IRA account. These accounts are managed by custodians that are not your typical Charles Schwab, Fidelity or Vanguard.

These accounts are able to invest in alternative assets such as real estate, private companies, startups, hard money lenders, stocks, ETFs and mutual funds.

These alternative assets often outperform traditional assets.

I would also educate myself on self-directed IRAs, self-directed IRA custodians and alternative assets.

There’s a book by Matthew Sorensen on self-directed IRA that is well written and I suggest you get and read it ASAP.

The other 130k, you can put it in a S&P 500 index fund if you want.

[Robert]

At this stage, staying invested in equities through a diversified fund like the Vanguard Target 2045 is a strategic choice.

Stocks historically offer the best potential for long-term growth, which is crucial when you still have 15–20 years before retirement.

While markets fluctuate, maintaining exposure to equities helps outpace inflation and build retirement wealth effectively, if you want to unpack it more feel free to reach out, I will gladly share some learning tips and eBooks with you to help

[Robert]

Rolling over to consolidate your accounts is convenient, but first check for fees and investment options.

The 2045 fund is generally a good fit, but ensure its risk level aligns with your personal preferences.

[Ross]

You could also convert it to an IRA. The IRA has a few different rules (unfortunately no rule of 55 in IRAs), but you are free to invest however you want.

[Andrew]

I would keep it where it is. Just to avoid pro rata issues if you eventually do some kind of Roth conversion.

[Tom]

Read “The Simple Path to Wealth” by JL Collins. Also, there are advantages to rolling over into your current employers plan, convenience and the rule of 55 being chief among them.

[Author]

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