So far it has been a glorious couple of months for the retirement accounts. Massive amounts of growth. I cautiously have a small amount in cash thats missing the wild ride up, but for 98% of my portfolio it has been going no where but up. Wouldn’t it be nice if it could stay this way for like 15 years or longer? To retire with Multi Millions and not just a couple of million would be nice.
I’ve been contemplating some of the low fee index funds versus some of the kinda low fee funds that have better returns. I have to admit that in the time that it has taken me to get here, I initially had to go with what was offered by employer accounts and they never had the low fee funds. This is from what I’ve learned is that the wrong people sit on these retirement boards and they limit the choices available to fellow employees. I know that they feel they are doing the right thing, however having more options is what I consider to be the right path. I think I could have gotten to my current level of cash faster had I had many more options available to me. It really bugs me that employers may have an option for a brokerage type account, but you have to have some high amount of money in a retirement account to use that feature.
Having left many companies I have rolled one 401k after another into my IRAs where at last I can manage it my way.