Category Archives: 401k

Can You Still Really Bank on Your 401(k) Plan?

According to a recent report from investment advisory firm Research Affiliates, not so much. The report states that even making a 5 percent return on traditional investments in a 401(k) plan is not likely to happen over a 10-year horizon. Research Affiliates looked at the default settings of 11 retirement calculators, robo-advisers, and surveys of institutional investors…
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Retirement on a Budget

Many millennials feel the pressure of student loans bearing down upon them and it can be terrifying trying to figure out how to get rid of all of that debt. On top of worrying about your current financials, you have everyone under the sun telling you to plan for your retirement. You’re probably thinking, “With…
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The Death of the Pension Fund

The Urgent Need for a New Retirement Strategy (Hint: It’s Self-Directed) Many economists acknowledge and write about the problem of Americans’ lack of preparation for retirement. We don’t save enough—many have virtually nothing set aside for their post-employment years. One issue that has contributed to this, according to Wall Street executive Steve Rattner, is that…
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Rolling Over those 401(k) Funds into an IRA? Make it a Self-Directed IRA.

An article in Investment News in mid-March talked about baby boomers pondering what to do with their retirement savings in their former employer’s 401(k) plan. According to the author, Mary Beth Franklin, “the majority of boomers who work with financial advisers choose … to move their money to an IRA in an attempt to improve…
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Retirement Savings: What’s Hot, What’s Not

Americans are saving for retirement in a new way. They have thrown out the traditional three-legged stool (Social Security, employer-sponsored pension plans, and private savings) and replaced it with a pyramid. According to the Investment Company Institute, the five basic components of the retirement pyramid are: Social Security, home ownership, employer-sponsored retirement plans (both private-sector…
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