Considering the fact that "college-educated Baby Boomers on average held about 12 jobs from the ages of 18 to 48" (Bureau of Labor Statistics), odds are you may have several 401(k) retirement plans with former employers. And with too many separate accounts comes the possible burden of coordinating multiple statements, understanding your appropriate asset allocation mix, managing different fee structures and rules—making the exercise of retirement planning that much more challenging.

You may want to consider simplifying your retirement planning by consolidating your accounts. Visit Jemma Financial's website for the full article to learn a few factors to weigh before taking action.