All Entries Tagged With: "401k"
Do 401K plans still make sense?
Millions of Americans, unbeknown to them, are trusting their retirement to the luck of the stock market draw. I recently talked about this in my post 401Ks: Main Street’s Friend or Foe? I just stumbled across a great article from the Wall Street Journal that adds data to my intuitive thinking. Boston College’s retirement research [...]
401Ks: Main Street’s Friend or Foe?
After the market was pounded to the tune of -40% last year, most didn’t think that it could get much worse. Well it has. January and February of 2009 have the esteemed privilege of being the worst first two months in the DOW’s 113 year history. After two months, the DOW is off nearly 20%. [...]
401K to 201K – Next Stop 101K ?
Our hope of a better stock market in 2009 is off to a rocky start. January goes down in the record books as the worst January EVER. If the old adage “so goes January – so goes the year holds true” why are we playing this game? If you aren’t asking yourself that question – [...]
Look out Wall Street: Investors Are Getting Fed Up
Lifecycle funds are Wall Street’s latest concoction for the average investor. These funds invest in a combination of equity, fixed-income and short term funds. The funds use an automatic asset allocation strategy that becomes increasingly more conservative as one’s retirement date approaches. Since most set their allocation when joining a 401K plan and occasionally make [...]
