#504 - What Should I Consider When Transferring Investment Accounts?

What are you doing to make friends in retirement? Mark Ross and I explore this challenge in our Bring It On segment. Listen in to hear how I made a new friend this week and stick around to hear the listener questions and what you could be doing to improve your social life.

Considerations when transferring investment account

There is a time and a season for everything. Sometimes the seasons of our life cause us to reconsider previous decisions. Ronnie is shifting his investments away from his current advisor to manage them himself. As he does so he wonders about the impacts or implications of this shift. Will there be tax liabilities? What else will change?

Before Ronnie moves much further he should create his retirement plan of record so that he can understand how to allocate his investments. He can then project the role his choices will play in his financial trajectory over the next 3-5 years. Learn how this change could affect Ronnie’s financial life and what he can do by pressing play.