~$230,000 in a 401K in my dad's name, he passed away but my mom is the beneficiary. Here's the breakdown:
- SMALL-TO-MID CAP STK: $80,212.48
GROWTH EQUITY FUND: $74,328.62
INVESTMENT GRADE BD: $40,402.53
INTERNATIONAL STOCK: $27,793.68
SHORT TERM FIXED INC: $7,254.83
Here are the details of her Traditional IRA. This is in her name as she transferred it from my dad's name to her name a few years ago but kept the money in the same funds he had the money in. I'm thinking we should transfer all the assets to Vanguard since the fees are lower.
$319,000 in tradition IRA. She's been making contributions here and there to get the tax benefits.
- New Horizions PRNHX: $152,437.95
Pers Strat Balanced TRRBX - $149,393.14
Tot Equity Mkt Index POMIX - 17,594.39
Here are some more details about her finances. No debt, owns house in booming area. According to Personal Capital networth is $600,000. 1.1M if you include house value on PC.
She is planning on going to the Social security office soon to get the spousal survival benefits from my dad's SS. If anyone has any advice on this please advise.
Also she's very frugal. Drives an Accord she paid cash for, rarely goes out to eat, takes lunch every day, etc.
Thanks for your help.