Streamline your holdings How many funds do you need for a diversified portfolio? One. A target-date fund, like one in the T. Rowe Price Retirement series, invests in a mix of stocks and bonds right for your age.
Stay under one roof If you have investments with several providers, consolidate them at a single company. The benefits: fewer statements and lower account fees.
Do a rollover Similarly, if you have 401(k)s with more than a few former employers, roll them over into a single IRA. Just be sure to choose the direct-transfer option; otherwise you'll get hit with a big tax bill.
