Category Archives: Retirement,401k

Does Your 401(k) Need to Be Protected?

When choosing among the mutual funds, target-date funds and other investments offered in a 401(k) plan, nobody sets out to select a costly investment that could affect their future. But, according to law professors Ian Ayres of Yale University and

You Should Know These 20 Popular Retirement Books and Podcasts

It’s no surprise that Americans want more information about how to plan and save for retirement. Besides figuring out how much to save and invest and how long they might live, workers also need to figure out how to claim

All You Need to Know About State-Run Auto-IRA Programs

Almost half of private sector workers in the United States do not have access to employer sponsored retirement plans. This is one of the factors contributing to the large number of people who reach retirement age but have little to

There Are More 401(k) and IRA Millionaires Than Ever in 2023: Here’s How You Can Get There

Financial services firm Fidelity revealed in a recent study that nearly 80,000 of its retirement account investors achieved millionaire status during the second quarter, for 10% more 401(k) clients and 13% more IRA clients holding balances worth $1 million or

How Long Will You Live? Most People Don’t Account for This Retirement Data

While no one has a definitive answer to the question “How long will you live?”, coming up with an educated, realistic estimate goes a long way toward building a retirement plan that assures income security. Unfortunately, most U.S. adults lack what

You May Need to Rethink Where Your Retirement Income Will Come From

A growing number of workers report that their primary source of retirement income will come from their 401(k) workplace savings plan, according to a new retirement study from Schwab. In 2022, workers said 37% of their retirement money would come

10 Good Reasons to Use Your 401k Right Now

A 401 (k) account is an instrumental part of your financial future. Because of this, it’s strongly advised that you never touch these funds.

Should You Use a 401(k) to Pay Off Debt?

As we all know, 401(k) plans are a great way to save for retirement.

Top 7 Ways to Protect Your 401(k) from a Stock Market Crash

If you have a 401(k), any other retirement plan, or anything that ties into the stock market in general, then this article is for you.

Four Reasons Why Target-Date Funds for Retirement Don’t Work

How to best save for retirement is a question whose answer evolves constantly.