Financial Advice on Concentrating Retirement Savings with One Firm

An individual aged 68 seeks advice on the wisdom of investing $500,000 in retirement savings with a single investment firm, with the Securities Investor Protection Corporation (SIPC) providing coverage up to $500,000 for certain assets.

12 May, 12:27 — 12 May, 12:27

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marketwatchMostly Factual20d ago

I’m 68. Is it wise to invest my $500,000 retirement savings with a single investment firm?

The Securities Investor Protection Corporation provides coverage of up to $500,000 for stocks, bonds and mutual funds, including up to $250,000 in cash.

By Alessandra Malito

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Financial Advice on Concentrating Retirement Savings with One Firm

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I’m 68. Is it wise to invest my $500,000 retirement savings with a single investment firm?

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