IRA Suggestion
My father just told me that he left his 401k plan set up with his previous employer that he left many years ago. That plan is being terminated at the end of the month and he needs to move the funds. He’s 80 years old. I’m planning to roll it over to an IRA at Fidelity.
I just want to make sure that’s still the correct game plan at 80 and get advice on investments to enroll in for him at this point. I was thinking about just using a current year target date fund. Thoughts?
u/CurlyGirl29 — 5 days ago