This is part two of our “Road To Retirement” blog series. To read part one click here
As spring begins to turn to summer most of our calendars will quickly be filling up with activities such as summer vacations, BBQ’s, and plenty of outdoor activities. Often, during this time of year, our retirement is the last thing on our mind. However, as we approach the halfway mark this is a great time to take a quick peek at our portfolios and make sure we’re still on track. Maybe you received a pay raise or paid off a debt and you want to increase your savings. Maybe you want to change your strategy and move some of your investments. This is also a great time of year to think about rebalancing.
As your portfolio grows some areas might be growing faster than others. That is why occasionally we should all check up on our portfolio to make sure it is still invested the way we intended it to. The NestEgg U website makes rebalancing as simple as clicking a button. Once you have logged on to your account go to “Change”, then select “Transfer Funds”. Once you have navigated to the Transfer Funds page scroll down to the “Transfer Options” drop box and simply select one of the rebalance options. If you currently have your money in one of the Target Date funds this happens automatically for you and no action is needed on your part.
If you have questions about making changes to your account the NestEgg U Customer Solutions Center is open from 7:00 AM to 7:00 PM CST Monday through Friday.
To submit a question that you would like to have answered in next month’s blog, email me at firstname.lastname@example.org. To access your account, go to www.nesteggu.com/melton. If you have specific questions about your account please feel free to call me anytime at 918-499-8604. The road doesn’t wait, get started today.