401k Rollover Answers

I was talking with friends of mine over dinner at their house and the husband, Jim, asked me about my investments. He’s a quiet sort of a fellow and I was happy to have something to talk with him about while Molly was in the kitchen getting the pie I’d brought. I told him that [...]

It is hard to plan for all contingencies in life but one worth planning out is a 401k rollover. Your financial future is worth an afternoon’s research and what you do now will pay off in the long term. Since most employers offer a 401k plan to their employees, most Americans have access to a [...]

There are three things that new retirees need to watch out for — depression, inflation and unrealistic expectations. Making the transition from full time worker to retiree is tough. Our culture values work and now you are not working. What do you do? How do you give value to society? Luckily there are so many [...]

A 401k rollover is a great way to ensure that you are saving enough for retirement. It can be all too easy to leave one job for another and leave the old, individual 401k to whither away. Depending on too many factors to count, your old 401k account might chug along, losing a tiny bit [...]

When it comes to thinking about retirement, many Americans would rather not. With the problems with the Social Security system, the two current working generations can’t help but wonder if there will be any retirement for them. With all the emotion that surrounds aging as well as money, retirement and retirement planning is a difficult [...]

Gen X and Gen Y workers, as a group, don’t believe that retirement is an option for them. In a recent survey, 30% of workers aged 35-45 said they “strongly disagreed” that their retirement would be like their parents and grandparents. Of workers aged 25-35, over 50% of them don’t expect to have the typical [...]

I just finished a great retirement planning book called The Number, by Lee Eisenberg. It came out in 2006, but it holds up well. In light of the financial crisis we’re experiencing now, it seems downright prescient. In it, the author spends a lot of time musing about how much you should put into retirement [...]

I’m of the age where I’ve heard my whole life that I won’t be able to rely on Social Security to live on in my old age. According to the media, I’ll spend my golden years as a greeter at Wal-Mart because I won’t have enough money to live comfortably. While that may be the [...]

It’s never too early to begin thinking about retirement. Did you just start working? Are you a teenager or enjoying life in your twenties? Well then, time is on your side. If you are young and you haven’t put anything into a 401(k) retirement account, start now. No kidding. Start now. If you work for [...]