401(k)
« Previous Entries Next Entries »Question(s) of the Day – Retirement Planning
Monday, September 13th, 2010Here are today’s Questions of the Day: Do you feel like your retirement plan is on the right path to get you to your retirement goal? How often do you track your progress? Would you like to see more posts from AFM about retirement planning? This is an issue I’m going to be addressing this [...]
Larry Winget: People Are Sacrificing Tomorrow Because They Aren’t Willing to Sacrifice Now
Wednesday, August 25th, 2010I paraphrased what Larry actually said. Does Larry just have too much common sense for the average American? I mean, did you see the body language of the guy sitting next to Larry? He looked like he was guilty. This video ties into my post on hardship withdrawals.
Retirement Plan Assets by Age
Monday, March 29th, 2010As several people pointed out, there was a flaw to the information source in my last post. I went back and found plan balances by age range. The only problem is, these balances are as of the close of 2008. Most likely, these numbers would be significantly higher (or at least I hope they would [...]
What Are Your Thoughts On These Proposed 401(k) Changes?
Tuesday, February 2nd, 2010Interesting article on Obama’s plans for retirement savings programs. I want to focus on the proposed changes for 401(k) plans (from the article). The proposed 401(k) Fair Disclosure and Pension Security Act, for example, would: • Require 401k plans to disclose fees on workers’ quarterly statements as a dollar figure taken from participants’ accounts. • [...]
Your 401(k) Might Be Better Off Than You Think
Wednesday, October 21st, 2009From today’s Wall Street Journal: Get this: Despite the biggest and broadest decline in financial markets in a generation, the median 401(k) retirement account at Vanguard Group on Sept. 30, 2009, was up 7% from where it was two years earlier, when the market was near its all-time high. The Reason?… Continued regular savings matter [...]
401(k) Just a Few Thousand Away From Previous High
Thursday, September 17th, 2009I was checking my wife’s 401(k) balance last night and noticed a couple of interesting things: 1. The balance is just a few thousand shy of its previous high-water mark. Yes, that number includes contributions but it’s still shows drastic improvement from the low. 2. Last year’s personal rate of return was somewhere around -40%. [...]
AFM Reader Question on 401(k) Loans
Monday, July 13th, 2009I received the following email over the weekend: Hi, Your article on 401(k) loans was very informative. I am trying to decide between 401(k) loan and withdrawal. My 401(k) is not currently active, meaning I do not contribute anything towards it. I have moved to a new employer and my 401(k) was with the old [...]
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