One of the biggest fears that many Americans face is retirement. Will you have enough money to retire? That’s a question that many Americans are scared to answer.
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This guide will tell you everything you need to know about the traditional 401k plan, the rules and limits, so you can take full advantage of this employer-provided retirement tool.
I was reading an article on Yahoo the other day called The Biggest Victim of the Debt Ceiling Deal: Your Retirement. The article talked about how, because of the government fiasco going on right now, and the volatility not just here, but around the world caused by our debt issues, that the stock market is on continually shaky ground. A looming or actual crash or collapse of the dollar has the potential to leave millions of people nearing retirement with a fraction of what they’ve currently saved to cover expenses in their golden years.
Website: Employee Benefit Research Institute (EBRI). As noted on their website, the mission of the EBRI is to contribute to, to encourage, and to enhance the development of sound employee benefit programs and sound public policy through objective research and education. Founded in 1978, the EBRI declares three principles:
Every individual has his or her own long-term goals and I do believe that most of them are related to life after work, which is their retirement. We all want to enjoy our retirement, right? And a good way to accomplish this is through investing.
While we know that there is no fountain of youth for humans, the same can't be said for investment portfolios. In fact, it's actually possible to build an investment portfolio that will last forever. There are four steps.
If your employer offers access to a Roth 401(k), it makes sense to rethink your retirement contribution plan. Here’s how to decide which type of 401(k) to use for your retirement investment.
You’d be amazed at how long many people will talk to you on just about any topic. Or the location they’d be in when having said conversation with you – like some clients who would call in from the “facilities” completely blitzed and wanting to talk about their investment portfolio. While those were always interesting discussions, it was the calls from left field that made me wonder. Like the conversation I had with a lady who spouted off for a little over an hour about trying to use solar powered jets.