Tag: how to invest your retirement money

Received your yearly bonus. Ready to move on?

An offer letter is in the mail. Now what?

At this time of the year, with bonuses from last year pocketed, I am sure a few of you are looking for greener pastures!  What you’re going to do with your 401k plan balance is definitely not one of the top things on your mind when switching jobs.  However, it is an important decision that needs to be made.

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Plugging the holes in the 401k account

Plugging the holes in your retirement bucket

Per US Department of Labor, a 1 % higher 401k plan fees and expenses could reduce your balance at retirement by 28% over a 35-year career. That’s a big deal!  !  As not all employers match employee contribution, people are looking to financial advisors for answers (and ironically paying hefty fees to find ways to reduce fees).  

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John Bogle: Father of Index Funds died at 89

Yesterday, January 16, 2019, will go down in history for the passing of John Bogle, fondly known as the father of index funds, who died at the age of 89.  He was the first to create a mutual fund tied to an index such as S&P 500 and made index investing a popular phenomenon.  He revealed to the world that active fund managers rarely beat the benchmark indexes on a consistent basis and are plagued by exorbitant advisory fees and high operating costs. 

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