March 16, 2025
I retired at 55 with $2 million in my 401(k), should I buy an annuity with the $200,000 in my taxable brokerage or use it to fund a Roth conversion?

I retired at 55 with $2 million in my 401(k), should I buy an annuity with the $200,000 in my taxable brokerage or use it to fund a Roth conversion?

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Dear Fix My Portfolio,

I am fortunate to have retired at 55. I’m using the Rule of 55 to withdraw money from my 401(k), which…

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