General Discussion
In reply to the discussion: Anyone else transferring their 401(k) funds to low-risk investments? [View all]carpetbagger
(5,508 posts)However, I'm in an odd situation. I plan to step down from my fed govt position in a few months, I'm 55, not eligible for health insurance but I have a few options besides ACA and a homesick Canadian girlfriend. I'd like to move enough out of my TSP (federal employee 401 which owns IOUs from the treasury rather than actual stocks, it's like gambling on index fund/bond/t-bill returns), so need to roll over but only after taking some rule of 55 cash.
My feeling is that a standard growth guy might give the market a good sugar high before it hits the wall, a Musk appointee might be at risk of sudden "reinvention" of money and get too happy with tariffs. Ideally I'd be out of American holdings before the fed gets too heavy on Trump appointees, although their zero-rate plans would be a nice emigration gift.