30 Day Financial Cleanse Day 23: Rollover Old 401ks!

As a reminder this post series is all about getting a handle on your finances!  I heard about Personal Capital, a personal finance software company, and their 30 Day Cleanse and decided to take the pledge and encourage my readers to do the same!


Roll your old 401ks to an IRA or Roth IRA. Each rollover should take 10 minutes and some can even be done online.

When you transfer your place of work, what do you do with your 401k? This happened to me when I left the bank and started to work at the hospital. I had a nice chunk of cash in my 401k and I couldn't combine it with my 403b. So I rolled it over into an IRA. Now, don't make the mistake I did and just let it hang out for several years. Fortunately last year I met with an advisor (see day 20!) and we got my rollover IRA into a product with Fidelity where it is no accruing interest. Don't hesitate to ask for help! Just make sure it is with someone you can trust! 

Stay tuned for Day 24: Revisit Expenses!

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