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To: Red in Blue PA
When everyone is rushing out the building, you rush in.

I bought some (not nearly enough with 20/20 hindsight) right after the 2008 crash.

Is it really smart to compare 401(k)s? With the number of times people change jobs it is not surprising that very few have a million dollars in a single employer account. Most people who keep their money in retirement accounts roll them over to individual IRAs or leave them at their old employers. I only know one person who regularly rolls his 401(k) from one employer to the next.

19 posted on 04/25/2015 8:32:31 AM PDT by KarlInOhio (Darth Obama on 529 plans: I am altering the deal. Pray I don't alter it any further.)
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To: KarlInOhio
Is it really smart to compare 401(k)s? With the number of times people change jobs it is not surprising that very few have a million dollars in a single employer account. Most people who keep their money in retirement accounts roll them over to individual IRAs or leave them at their old employers. I only know one person who regularly rolls his 401(k) from one employer to the next.

I had three employers over my career, and I did indeed keep my 401K's together... simpler to manage that way.

24 posted on 04/25/2015 8:44:48 AM PDT by Cementjungle
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