So, I'm starting out in a new career as a new nurse with zero experience and have a job interview in Savannah, Ga coming up pretty soon. I've got no debt of any kind, great credit, and will have managed to save up around $100K by July. Additionally, I've got ~$20k in a 401k plan from my old employer. I'm pretty frugal when it comes to money and generally try to keep my housing and such to 25% or less of my monthly budget. I've no idea what I'll make starting off if I get hired into this new position. I'll be taking a significant pay cut I know from my old job but for my own mental health I have to do something that I'm passionate about.
When I start my new job, should I roll over my former $401k plan with the new employer or should I roll it over into some kind of IRA with my bank (USAA)? I've also been told that just leaving my savings in an account and not doing anything with it is bad news as well.
Any general advice on starting a new career and finances? I know these have been asked in some form or another all over r/personalfinance but I'm really looking for sound advice for myself from an outside point of view.
Submitted May 30, 2019 at 10:05AM by PsychologicalPanic2 http://bit.ly/2XdsyIB
