The default menu of mutual fund options in your 401(k) account can be intimidating. You did not pick the mutual funds. Your company did not pick the mutual funds. They approved the mutual fund menu recommended to them by a consultant. You have to “make lemonade out of...
I am the father of two Gen Z’s. Many of their college roommates, teammates, and friends are now in my 401(k) advice client base. Both of my kids have confirmed the results I read of a Qualtrics study on behalf of Credit Karma. The study found that that 52% of Gen...
Do you want to preserve your 401(k) value during periods of extreme stock and bond market volatility? The key is not to “sell everything” and curl up in the fetal position under your desk. At home or at work. Instead, take a current inventory of the 401(k) mutual...
In case you have been busier than usual, here are the relevant financial headlines from last week. Each headline can affect your 401(k) value in a big way going forward. More proof of higher-than-expected inflation. Russian troops surround Ukraine on three sides. With...
Congratulations on your recent and current all-time high valuations of your company 401(k) retirement plan account. Truth be told, your “buy-and-hope” investment management strategy has worked exceedingly well over the last few years. Now, the bad news. When it comes...