When I turn 59 1/2 in April I will move the 401K (maybe) to a place that can manage it for me.
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A word of advice. Check out Bogleheads. (http://www.bogleheads.org/forum/index.php) They are a group of investors dedicated to the idea of managing your own investments, and primarily investing in index funds.
While it is tempting to just hand over your money to a firm like Edward Jones, to them you are just one of thousands of clients. At the end of a day, no one gives a second thought about your investment balance. To you, though, your investment portfolio is what allows you to sleep at night, to live a good retirement. Managing it does not have to be time consuming. At least learn about Bogleheads and their philosophy before you turn your money over to someone else. Besides a very informative forum, they have a great wiki. In our area, there are also quarterly meetings to which we get about two dozen or more participants.
Thanks SO much for the link! I will check them for sure.