Answering the question of whether or not “401k is enough to retire” is rather dicey since it is influenced by many factors. However, I can assure you that it is better to plan than no plan at all as the cost of the latter is always greater than the former. For those you may be…
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Is It a Bad Idea to Borrow from My 401(k) to Get a House? “Should I borrow from my 401(k) to get a house?” is a question that comes up quite a bit, especially with first-time homebuyers. It’s understandable because it can be difficult for many first-time homebuyers to accumulate enough savings to make a…
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If you’ve been investing in 401k, IRA and other retirement accounts for years, you’ve probably noticed that the amount of your retirement savings has fluctuated, sometimes significantly. This is due to a variety of factors. For example, a single political event can cause a significant market correction. When you invest in precious metals, you are…
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Today, in reading some of the headlines, you’d think they’re greater than sliced bread. They may be. They may not be. Still, there are differences, and 401k plans sponsors would benefit from practicing the utmost in due diligence when determining if CITs are the right fit for their plan. This content was originally published here.
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