I have analyzed the default menu of mutual fund options in dozens of Minnesota company 401(k) retirement plans. I can make the following statement with a high level of confidence and professional experience. Target date mutual funds scare me. Recent articles tell me...
When it comes to managing your company 401(k) retirement plan account, there are only three investment management strategy options. First, you can ignore the trend. This is the preferred investment management strategy for the vast majority of individual company 401(k)...
Over the years, I have sat in front of dozens of Minnesota individual investors. Far too often, their experience with investment advice professionals falls into the same three categories. First, there are the investment advisors who are more interested in providing...
Every Minnesota company 401(k) retirement plan offers a default menu of mutual funds chosen by your employer and plan administrator. This menu of mutual funds is selected in order to limit the fiduciary liability issues for both parties. Individual company 401(k)...
There was a major headline article posted on the MarketWatch web site yesterday. I linked to it below. Why your 401(k) is lagging the market’s gains The article states that average year-end 2014 company 401(k) retirement plan statements are higher than year-end...
“I am more concerned about the return OF my money than the return ON my money.” Mark Twain is credited with the quote above. Every few years, individual company 401(k) retirement plan participants need to pay very close attention to this all-time great...
