I'm 62 and expect to retire in the next year or so. I have 40K+ sitting in an Ally bank account getting 1% interest. I expect to sell my house soon in order to travel. What do I do with these extra funds drawing so little interest? I expect to slowly draw down these funds in retirement along with my 401K. I'm putting approximately 20K a year in my 401K, but none in a Roth. Is it too late to start a Roth?
Submitted March 16, 2017 at 09:40AM by pwhitley http://ift.tt/2ndAT0s
