During my 401K years I determined what I was invested in, whether it be the stock or bond market or mixture. I did poorly, or at least not what I expected I should.
Upon retirement I rolled it all over into an Edward Jones mutual fund. I have a financial adviser that now makes all those decisions for me. I do not regret this at all. I have a very diversified mix, where yes, some do give dividends.
Every January I figure how much I need for the whole year, call the adviser, and a week later it’s in the checking acct. She determines which mutual fund to withdraw from.
I don’t even bother to look at the various monthly prospectus statements issued by each fund. They head straight for the fireplace. All I look at is the online account a couple times a week to see how the IRA as a whole is doing.
Just one less worry when someone I can trust is handling the retirement acct.
Nice...