Question : Should I leave my retirement with AIG or rollover to another financial company?
The company I work for uses AIG for their investment advisers. They match up to 3%. My question is should I rollover to another financial advisor or keep with AIG. I am have already lost 35% of my retirement and unhappy with what I have been reading in the papers about AIG. I know I should still contribute to AIG to receive my company match since its free money, but am not sold on leaving everything with them and watching the government continue to bail AIG out.
retirement financial advisor

Best answer:

Answer by whatchagonnado
I’m not really the one to give you financial advice on this type of stuff, but me personally…. if I had already lost 35% of my retirement and am reading about these fat pig execs getting millions of dollars in bonuses for screwing up… I would, at least for now, move my money elsewhere. Hell, your company is contributing 3%, but how much are you losing each month?

IF and when things start turning around then I would consider going back to get your free money, but right now the way I see it you’re not benefiting that much. I know my 401k went low and never seemed to get back up. Unfortunately since I was laid off in Dec. I’ve had to take what little I had left and run with it.

Good luck and keep doing research before you make your final choice, hopefully you’ll get someone who knows more about this stuff to give you info.