Which is best?

Question:

Say you have 4 or less years til retirement and have several different accounts with different brokers. One is a 401K with Co. match of 3% which includes 60% stock and 40% bonds and retirement acct. Two is a 10 year annuity with the S&P index fund and Three is 50% stock and 50% safe with lower interest. Are you diversified enough or should you consolidate it all to one acct. with a mixture of stock, bonds and cash.

Answer:
If it is doing alright now, don't fix what is not broke.
Do not put your nest egg into one basket.
watch the markets, move it when you feel you will benefit.
keep some in a 'SAFE" place, will be a small return, but if we have a big crash, you'll still have some of your $$ left

With less than 4 years you really have to look at the economy. Risk should decrease as getting closer. Many signs are pointing to a possible recession about 70% consensus). I would probably take your last option if those are large caps. You also have to look at the funds and their management. I like T.Rowe...good managers.

I would have no small caps at this point, unless you are doing individual trading such as on Etrade.

Depends on your risk comfortableness.

If i knew what you say ,may be icould help?

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You cannot consolidate the annuity with anything else because of the tax implications and possible fees for early withdrawal. Can't tell whether or not you are diversified because I do not know what stocks you own. Is the stock ownership through mutual funds? That would imply you are diversified.

Also, your age is important. What is your risk tolerance?

Make sure that you have some diversification im international/global mutual funds

Within 4 years time frame, I would put 90% in bonds, and 10% in stocks just to be on the safe side. You don't have much time to ride the market so it is better to be conservative.

First, I'm not a big fan of bonds or other fixed income instruments in this economy. That said, with only 4 years left til retirement, you shouldn't really be playing the market timing game, and need to be focused on keeping a healthy balance. Still, with a 3% match, I'd say meeting that 3% in the 401-k must remain your first priority. It's hard to turn down a quick doubling of your money.

There's really no reason to consolidate. Even if you want to achieve some perfect image of balance, you can do it while spread across different accounts. Anyway, you can't consolidate everything while still maintaining your 401-k, and we've already decided that its best to maintain that.

Overall, it's difficult to give complete advice with the imperfect information that we have here, but I'd say you can probably stay the course for now. I'm not a big fan of annuities, either, but I don't see how it benefits you to pull out of it at this point.

It's impossible to go into more detail without more information about your specific situation.

Which is best?

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