1375: Why I Did A 401k Rollover After Leaving My Job (and How I Did It) by Andy Hill of Marriage Kids and Money01k Rollover After Leaving My Job (and How I Did It) by Andy Hill of Marriage Kids and Money

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com . Episode 1375: After leaving his job, Andy Hill opted to roll over his 401k accounts into IRAs, a decision he doesn't regret. He highlights the benefits of lower fees, simplified account management, and better financial preparation for his family. By following a straightforward rollover process, he ensured no penalties or taxes, ultimately securing a more organized and cost-effective retirement plan. Read along with the original article(s) here: https://marriagekidsandmoney.com/why-you-should-rollover-your-401k-into-an-ira-and-how-to-do-it Quotes to ponder: "By cashing out, I would've had an approximate 40% cut to my money immediately. OUCH!" "Having all of our investment accounts in one spot was definitely a stress reliever for me." "Those two words were very important to the process. This indicated that I DID NOT want to receive the money (big no-no!) and I wanted it to directly rollover to Fidelity." Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Money: Master the Game: https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757801 Learn more about your ad choices. Visit megaphone.fm/adchoices