Retirement Ready: A Women's Guide To Planning And Securing Your Future | Fidelity Investments

[@ms_christinejones]

With my current situation -losing my job at age 41, having 425k saved for an early retirement, having 10k in an HSA, and maybe adding 200k to my portfolio. what significant investment opportunities should I now look into?

[@ArchieJohnson5h]

It makes sense to consider a financial advisor at this stage, but delaying retirement might be a smarter choice

[@ms_christinejones]

I'm not sure whether I should merge all of my investing accounts into one. If so, what should I know and how should I respond to this? In addition, I intend to sell my property, which might potentially fetch an additional $200,000. Is it better to put everything in one account or spread it out among several investments?

[@AdamWright8fool]

These are crucial questions for a financial planner. I met mine at a NYSE summit, and with her help, my wife and I reallocated our $1.7M portfolio between a traditional IRA and a brokerage account. She’s been making investments with our approval and has helped us recover twice our losses. We’re holding steady and carefully navigating more markets

[@ArchieJohnson5h]

That’s impressive! My portfolio has been struggling. Who is your advisor?

[@AdamWright8fool]

June Renae Matthysse You are likely to find more information if you look her up online

[@shinixavier7349]

Very informative and easy to follow! Thanks ladies for empowering women! Keep up the good work 💪

[@fidelityinvestments]

Thank you for stopping by to share your kind words and feedback. We're glad you enjoyed!

[@JacquelineJackson-z4x]

Is there a penalty for withdrawing my 401k if retiring before 65 years old?

[@fidelityinvestments]

Thanks for the question! The answer is sometimes. The cut-off for it not counting as an early withdraw is not 65, it's age 59½. Money withdrawn from a workplace retirement plan before age 59½ will generally be subject to ordinary income taxes and a 10% early withdrawal penalty, although there are exceptions. We have an article we'll link below that describes the rules around taking withdrawals from a 401(k) and what to consider. Taking Money from a 401(k): www.fidelity.com/viewpoints/financial-basics/taking-money-from-401k If you have any other questions about withdrawals or rollovers, our Workplace team can help. To find the different ways to reach them, click the "Customer Service" icon near the top right corner of the NetBenefits website or visit the link below. Associates are generally available Monday through Friday from 8:30 a.m. to midnight ET to assist you. Contact Us www.fidelity.com/customer-service/contact-us Let us know if you have other questions! Happy to follow up!

[@wandacanales751]

I am a beginner and having challenges in Getting with someone from FID team who can help me . I am ready to speak