I'm 31 years old and have 6K in a 401K from my last job. My new job (school) states that they don't offer any plans because they're so small and that it's up to me to choose one into which, after a year, they will start contributing. The 401K at the old place has no administrative costs, but I'm wondering if I should roll the funds over into my (to be acquired) 403b? I've done some research on this (403bwise, discussion forums, and other websites) but am still wondering the best option to take. From what I've read, seems like Fidelity and Vanguard are the favored companies to go with...
I basically live month to month, so very little in savings and am still single. I have no debts currently and will probably be able to contribute about $500 a month. And also, should I open an IRA account? I'm assuming I will be retiring in about 25-30 years at a much higher income bracket, but will probably get married and buy a home in the next 10 years. Any thoughts are much appreciated.