Tag: 401K
Cursed Retirement? What is Sequence of Returns Risk?
Most of us spend our working years dreaming (and planning) for retirement daily. We know that to free ourselves from bondage, we must have a solid retirement plan in place. Conventional wisdom has us invest 10% into our 401Ks and Roth IRAs over 35-45 years. Hopefully, we retire with $1-2 million, but that is rare.…
The 4% Rule vs. Dividends
Typically, people want to avoid getting into the weeds of investing. The 401K program promotes this behavior by allowing people to “save” for retirement. Within a 401K program, the fund manager will collect your money and invest it into various asset classes. Most people choose target date funds as their vehicle of choice when saving.…
Your 401K is NOT Enough
This article will hit some people hard. They led us to believe that our 401Ks were the end-all-be-all for retirement. If we just saved enough in our 401K, plus maybe a small pension and social security, we would be alright until the end of life. Unfortunately, the world changes faster than we do as humans.…
Your 401K vs. A Recession
This article will go against most conventional wisdom floating in the financial world. When you start as an adult, the 401K is a sacred cow we must protect at all costs. However, savings into your 401K can damage your finances for the foreseeable future because of “life.” Today, I want to explore some alternative ways…
