Tag: "401(k)"

Is the Path to Retirement Just Pure Luck? (Part I)

No. Last month, Wells Fargo and Gallup released a poll on household investors’ opinions. Wells Fargo’s media release headline reads: “Low Rates Force One in Three Investors to Delay Retirement.” The Los Angeles Times reads, “Low Interest Rates are Hampering Retirement Plans.” Whenever I see these kinds of headlines, I like to get to heart […]

Save Early and Often

assignment writing p>If I am insane for encouraging young people to think about retirement, then I am in good company. The Wall Street Journal ran an ticle this weekend on how college graduates can save even while paying off student loans. Nest eggs are not made overnight, so It”s really never too early to think […]

The Real War on Women…It’s Not What You Think

I hate to use the term “war on women.” It is inflammatory and seems to imply that there is a movement about to systematically strip women of their accomplishments and status in American society and drop them off at Gitmo. But because the politician Grow Taller For Dummies Affiliate Makes $2987.03 In 29 Days s […]

Baby Boomers vs. Generation Y

The Insured Retirement Institute released a survey this week (described on the Wall Street Journal”s Smart Money blo Meditation Expert. g) about the state of baby boomer retirement. It is indeed a sad state, but nothing new to report. As previous surveys have indicated, they are simply not ready: 35 percent of 50 to 66 […]

Why Patience Pays in 401(k) Saving

A new survey from the Employee Benefits Research Institute and reported in the found that 0.2 p Master Mentalism – Magic Instruction. ercent of 401(k) participants have reached $1 million in savings in their 401(k) plans. They keys to this success? Consistent saving over at least 20 years and contributing high amounts – if possible, […]

Will You Live Past 90?

The latest Census data show that more people are living to age 90, according to Healthday. In fact the 90-and-beyond crowd has tripled since 1980, to 1.9 million people today. Most are women (75 percent), and many live alone but are not necessarily independent and healthy. The average income for people aged 90 and older […]

The Rest of the Retirement Story

Another sobering about retirement, or lack thereof: Households that expected to find retirement just around the corner will have to work longer. The main reason? Debt, debt, and more debt: mortgages, home equity loans, kids’ college expenses and credit card debts are saddling 60- to 64-year-old households who expected their retirement-age years to be stress-free. […]

In Defense of Auto Enrollment

An from yesterday’s Wall Street Journal was disconcerting — and misleading. It said the re may be unintended consequences to the law that allows firms to automatically enroll their employees into 401(k) plans. In one of many scenarios, an analysis done by the Employee Benefits Research Institute for the WSJ found that up to 40 […]

Stocks in 401(k) Plans? Why Not?

A recent article at the Wall Street Journal’s smartmoney.com explains why mutual funds still charge fees, despite the fact that the transaction costs for stocks, bonds and exchange-traded funds (ETFs) are getting cheaper. According to an industry spokesperson, customers are paying for a service they are not receiving from other investments, namely fund managers trying […]

Dying in the Harness

The Employee Benefit Research Institute released a sobering report on the state of personal retirement.  According to EBRI, the lowest 25 percent of income earners among baby boomer households would need to work into their mid 80s before 90 percent of them would have an even 50 percent chance of having retirement income to meet […]