Fifty-one million American workers have an active 401(k) account and Smart Money Magazine estimates that the balances in these plans accumulate to $4.3 trillion. Without a doubt, 401(k) – or their brethren 403(b) – plans are the primary retirement vehicles for the majority of American employees. Not so long ago, retirees relied on pensions for [...]
“There are two mistakes one can make along the road to truth . . . not going all the way, and not starting.” – Buddha Two months ago, we wrote an essay about the process for determining how much money you need to retire. However, saving for retirement is only half the battle. This article [...]
“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” – John D. Rockefeller In the world of investments, everything is cyclical. Hot trends inevitably cool off and passé ideas return to popularity. Today, stock dividends have become the latest investment theme to regain favor. As the last [...]
“If you hear this message, wherever you stand / I’m calling every woman, calling every man / We’re the generation / We can’t afford to wait / The future started yesterday and we’re already late.” – John Legend, “If You’re Out There” There is no better time than today to start planning for retirement, whether [...]
