Maximizing Your IRA Rollover: Are You Stifling Your Progress Towards Retirement by Keeping it in Cash?

According to a study by Vanguard*, more than 25 percent of rollovers remain in cash seven years after being rolled over. If your IRA rollover is in cash or has significant cash holdings, you are impeding your retirement savings growth, especially considering that the market has increased by over 20 percent this year and is reaching record levels.

If you find that managing your own investments is time-consuming and stressful, and your performance is not meeting expectations, it may be time to consider seeking the help of a financial advisor. Investing your time in things you enjoy and excel at could lead to a better quality of life.

Schedule a no obligation introductory meeting today here or email me @ jesse.waters@lpl.com.

* "The "sticky" IRA cash trap, Vanguard Research