Welcome to the Jill on Money Show. It's Tuesday, August 26th, and we are here trying to help you make better, at least maybe more informed financial decisions. So if you've got a question, something that's been percolating a little bit, maybe during the dog days of summer. Get in touch with us.

Go to our website, jill onmoney.com. Click the contact us button, write us a note. And if you'd

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jill on money live okay right now here is an email. It's from Thomas, who writes

that he has two 401k investment accounts. One is with a current employer. It's worth a million dollars.

And the second is worth about $300,000. I have a pension that is currently valued at $70,000.

When I retire in 13 months, I'll be 66 years old. Should I then combine my

two 401k accounts? Yes, Thomas. I love consolidation and Mark and I are big fans. So I think when

possible, combining is great. I know the names of the two firms that you mentioned. So I'm just going to say

you should combine the smaller one into the larger one because that larger firm has index funds

that you can choose from. And so, gang, when you hear us talk about combining funds and sometimes

we'll just say, oh, just go to an investment firm. The firms are really talking about are those places where you can self-direct the account

and buy cheap index funds. So that might include Tiro Price might include Vanguard, Charles Schwab,

Fidelity, e-trade. And at some of those firms, you can get some advice as well as part of their robo, their

automatic investment platform.

Some of them also give advice.

So you may want to check that out.

But if you are getting a pitch from an investment advisor to combine everything and you're

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