Tag: 401(k)
3 Smart Ways To Boost Your Retirement Savings
Although 77% of Americans have retirement plans in place, most don’t have enough savings to actually live comfortably during this stage in life. In fact, for Americans between 55-64, the median retirement savings totals around $107,000, which equates to as little as $310 each month. Fortunately, however, it’s not too late to boost your retirement savings without having to […]
Traditional IRA vs. Roth IRA vs. 401k
Congratulations! Landing on this page means that you are likely planning your retirement. While it might sound like an ordinary thing to do, most people don’t pay nearly as much attention to their future as they should. Granted, thinking too much about the future does distract from the present. Yet, after spending more than half […]
The Reality Of 401k Loans
“Every time you borrow money, you’re robbing your future self.” -Nathan W. Morris Saving for retirement is certainly one of the best financial decisions you can make in order to help your future self. Not only will it allow you to maintain an income after you stop working, but it will also allow your money […]
Retirement – What To Do With Your 401(k) Plan Now?
Is it time to throw in the towel on your 401(k) plan? Over the last year, more than $1 trillion dollars has simply evaporated. Many investors saved diligently for years. They’re now looking at account balances down by 40% or more. With no end in sight to this grizzly of a bear market, millions of […]