Planning for your retirement is crucial. Most Americans will not be able to rely on Social Security income alone to provide for all of their expenses or to allow them to continue to enjoy the standard of living they had before retirement. Compounding this situation, many Americans have increased medical expenses as they age. In addition, many Americans are living longer than their predecessors, making it easier for you to outlive your money if you haven’t planned well. You deserve to enjoy your retirement years, and that means planning your investments carefully.

As you may already be aware, there are a number of different types of retirement investment accounts, one of which is the 401k.  If you have a 401k plan, you probably began participating in the program through an employer.  If you’re considering a rollover, it’s likely that you’ve changed jobs and are wondering if your employer 401k needs to move on to a new “environment” as you have.  Other reasons to consider a rollover include having a 401k account that you believe isn’t performing to its full potential, or if you have multiple 401ks or retirement investment accounts and would like to consolidate those accounts to simplify management. (more…)