The do-it-yourself approach to managing a company 401(k) account is under pressure. And intense scrutiny. Due to the volatile stock markets and rising interest rates. Seeking independent professional 401(k) investment advice has a cost. That cost is the first casualty...
I sat down earlier this week with an individual company 401(k) participant. Male, 59 years old, current 401(k) account value over $1.2 million. After the usual chit chat ended, I asked about his 401(k) investment management objectives. A strategy for the preservation...
I am now in my 22nd year of providing investment advice to individual 401(k) participants. Many of my 401(k) advice clients have well over six-figure balances. Most of these individual investors have a desired retirement plan date in mind. They are concerned about a...
Over 80% of U.S.-defined contribution plan sponsors offer stable value funds. In their default retirement fund lineup. According to 2022 data from MetLife. I have yet to meet with an individual 401(k) investor who can explain a stable value fund. Or use it to preserve...
401(k) investing can feel good when things are going well. Remember how you felt when you opened your year-end 2021 statement? Your 401(k) account value was never higher. A few months later, the exact opposite feeling. 401(k) investors might not have found the courage...