Did you know your retirement depends on only three numbers and a letter? Can you guess what they are? If you guessed “401(k)” then you’re right. For many Americans, a 401(k) is the easiest and most convenient way to save for retirement. Over 80% of full-time workers...
The 60/40 portfolio. Long considered the most important long-term 401(k) investment management theory. Harry Markowitz won a Nobel Prize in 1990 for the development of the theory. 60 percent stock and 40 percent bonds. A sure-fire strategy for long-term investment...
Do you fall into this category of individual 401(k) investor? (I hope you do. Otherwise, this blog post is a complete waste of your reading time). Have you ever wondered if you own the best mutual funds offered on your company’s default 401(k) mutual fund menu? Most...
Every week I talk with individual 401(k) retirement plan participants. The current work at home environment makes for easy phone calls or video conference. The person who invented the work phone to “rollover” to a personal cell phone. I nominate you for the Nobel...
Dollar-cost averaging. Promoted as one of the main pillars of any 401(k) account investment management strategy. This strategy suits many 401(k) investors. Each month, money is added to their 401(k) account. Through personal contributions and company-matching...