One of the biggest misconceptions that individual company 401(k) retirement plan participants suffer from is that they belief that they need to guess at the stock and bond market tops and bottoms in order to be a successful long-term investor. That is not true at...
After a review of their March 31, 2020 quarterly retirement plan account statements, more individual investors are considering the investment advice option. Every week I talk with individual company 401(k) retirement plan participants. However, due to the coronavirus,...
If you are looking for me to make a solid prediction of a meaningful stock market bottom, I am going to disappoint you. The financial services media is full of investment advisors more qualified than me to provide those forecasts. Right now, there are two important...
The first bear market since 2009 shaved 20% off the S&P 500 stock index in the January-thru-March quarter. Your $100,000 401(k) account balance on January 1st was worth $20,000 less on March 31st. You have read all the online financial services industry articles...
In response to many inquiries from clients, below are the summaries of the most relevant facts regarding Required Minimum Distribution (RMD) requirements resulting from recent federal legislation. Setting Every Community Up for Retirement Enhancement (SECURE) Act...
Coming up on three years ago, I read an article on the CBS News web site about the biggest money worries most Americans have. I fortunately saved the article. Here is the key take-away. Even in normal times, 65% of Americans lose sleep over their finances. As you...
