For your real life and real future, Tom and Don are talking real money.

And it sounds like once again, I'm going to need to write another piece with all the documentation, with all the research, so that I can offer it to people or put it in the magazine so that you can see that what they're telling you.

They can tell you one thing,

but it doesn't have to be true. Well, Donna, you're next. Welcome to the show. Hey, Donna. How can we help you?

Oh, great. Thank you for taking my call. Our pleasure. So I have a company that I used to work

for, a 401 plan, and I've been having them manage it.

And I keep hearing you say that's a no-no.

So I'm going to change that, but my question is, what funds do I put it in?

Okay.

So have you moved on to a new employer?

Actually, no. I'm semi-retired. Okay. Okay. So have you moved on to a new employer? Actually, no. I'm semi-retired. Okay. So a no-no would be a strong word. For example, the federal

government's TSP plan has very low cost, a decent diversification. The reason that we say

generally moving it from a 401k into an IRA, for example, individual retirement account, you would have more options, you could have lower costs, and you have sort of freedom of choice that you may not have in a company retirement plan.

As long as you're very cautious about the firm you choose to work with on that rollover or that transfer.

If you were going to go do this on your own, we would probably say go to Vanguard. Go to Vanguard.

com. You'd open an IRA individual retirement account. Vanguard will very, very kindly help you move

the money from your employer plan to Vanguard, to that IRA and then manage it.

Now, then you got to get into how much in the risky stock fund or the less risky bond fund.

That's where it's harder for us to give you advice.

We could give you the funds, but then you need to kind of decide, you know, how much am I trying

to make on this?

How much volatility am I willing to accept?

...