From actively managed funds to index funds - timing question
After 17 years of holding actively managed funds in my retirement accounts (401K. IRAs and HSA), I have decided to move my money to Vanguard and / or Fidelity index funds. I am 10-15 years away from retirement. I do not intend to start an active versus passive portfolios discussion - my question is “what do I need to consider before moving the money from the actively managed funds to index funds”. Does doing it in a recession or when the market is so volatile make sense? My portfolios are down YTD; not sure if I wait for them to get in the black before transferring the money.
I also have actively managed funds in my non-retirement accounts but I need to weigh the tax implications before making the move. But the same questions above apply.
Thanks in advance for your advice. Let me know if you have any questions.