From Yahoo Finance:

If you’re nearing retirement, it’s crucial to monitor fees in your retirement plan and ensure proper asset allocation to avoid unnecessary taxes and potential losses. Administrative, investment, and individual service fees can eat away at your savings, so be vigilant. Consider leaving your money in your current plan, rolling it into an IRA, or taking out funds with caution to avoid penalties and tax implications. Working with a financial advisor can help you navigate these decisions and maintain your financial security in retirement. Make informed choices to achieve your retirement goals and protect your savings.



Read more at Yahoo Finance: Retirees Are Keeping Their Money Longer in Retirement Plans. Should You, Too?