Investing is one of the best ways to build wealth, yet there is still so much fear and ignorance surrounding the subject. This is especially true for Millennials, who are often defined as people born after 1980. I can admit my own fear when it comes to investing (and I’m a Millennial) — for the longest time […]
401k
Every year, all types of changes are announced to retirement programs. The government encourages us to set money aside for the future by offering tax advantages when we put funds into certain accounts. Although this can be a nice incentive, it can present a problem too. Because the financial and economic landscape is always changing, retirement […]
Investing for your retirement can be a big headache these days. With an unstable economy, stock market investments and traditional retirement options can be risky. For those 60 and under, stock market investments may still be an option, but for those over 60, a more secure investment (at least for a portion of your portfolio) […]
It may seem shocking after just a few short years from the greatest market panic of our lifetime but major stock market indices are hitting new highs almost on a daily basis these days. Are you thinking of adding to your investment portfolio? Are mutual funds part of your strategy? FutureAdvisor helped me put together […]
Would you pay hundreds of thousands of dollars if you could get the same (or better) product for pennies on the dollar? Probably not. Unfortunately, that’s exactly what people are doing with their 401k plans. The management fees these plans charge sound very innocuous. How much does 1 percent really add up to? The answer […]
It wasn’t that long ago when a career would begin and end in the same workplace. For our parents and grandparents, staying with one job throughout the working years would not only foster a sense of job security, but it would also ensure a retirement. Those days are gone however, and with it the ability […]