Have You Checked Your 401K/403B Lately?

[lizbud]

AIG was the company that held state workers 401K accounts. I did roll
them over when I retired a few years ago. I really didn't have enough to
play around in stock investments when I don't know anything at all about how the markets work.

[Laura's Babies]

I got one of my statements yesterday and I didn't want to open it.. I asked my daughter to open it and look at it and just say "Oh Mama, it don't look that bad!".. She wouldn't do it so I opened it myself.. That was just one of my retirement funds.. I have NOT and will NOT look at my 401K when it comes in.. I was hoping to retire in about 3 years... now I reckon I will work until I am 90!

[pomtzu]

When I retired a couple of years ago and then wanted to draw a partial from my 401, I was told that since I was no longer an employee of the company, I would have to take it all or just leave it as is. So I withdrew the entire amount (not a whole lot since the company hadn't had a 401 in place for very long), and instead of doing a rollover, I just put it in a money market account. I'm glad now that I did it that way even tho I'm not earning a whole lot in interest, at least I'm not losing anything either! At my age, I don't have the time to hope for a recovery!!!