Don't automatically choose the annuity payout many of them offer if you're given a choice. Again, the IRA just gives you more flexibility. |
IRAs give you more control and they give you more investment options than a 401(k). |
It's still important to be across the asset classes. A bit of everything goes a long way. |
Making that transition from paycheck to no paycheck scares a lot of people. |
Most are extreme optimists, who see opportunity all over, especially in their field. Often, their success prevents them from being conservative and protecting their downside. |