Not ready to retire yet but where should I put my money when I do?

I have a long way to go, and I'm putting a great sum of money in my retirement fund, which my company matches up to 5%. My question is once I can dip into my retirement fund, where to I place my money?

Public Comments

1. Anywhere you want! Conventional wisdom is toward lower risk income-oriented investments.
2. An equity indexed annuity is always a good choice.
3. Depends on your age. You should be aggressive with at least 10 years before you plan to retire, and more conservative as your approach your date.
4. As you are planning retirement, see your Financial Advisor. If you don't have one, a life changing event, such as dramatic income change due to retirement, is a great time to find one. Often a trusted friend or family member can make a recomendation, your bank may have one on staff, or you can simply look through ads. Your financial advisor will look at your specific needs in retirement - what sources of income do you have / need?, how old are you? What liabilities might need paid off? Spouse concerns for income if you pass away? How do you want to leave a legacy? Those and many important questions will be answered for you personally - not a generalized 1/2 truth like "an equity indexed annuity is always good." After you retire, it is common that you roll the money from the company plan into an IRA at a bank or brokerage house where you and your financial advisor will work together to meet the financial goals that you set.