Retirement. Personalized. Blog
The Problem with Systematic Withdrawal Plans
Systematic withdrawal plans. They’re the most commonly used retirement income strategy. But, just because something is popular doesn’t mean it’s good. As almost every parent has said to their child at one point or another, “If all your friends jumped off a bridge, would you jump too?” Read more …
What to do with my old 401(k)?
One common question when leaving a job is what to do with your old retirement plan. Whether you leave involuntarily, quit to start a new job, or see yourself switching jobs several times in the next few years, you need a plan for your former 401(k), 403(b), or 457 plan. Mistakes and missteps in handling these plans can be costly and could jeopardize your retirement.
Revive Your Old, Forgotten Zombie 401(k)
Worst of all, leaving behind a string of Zombie 401(k) accounts could cost you almost $700,000 in foregone retirement savings compared to consolidating them into a single low-free optimally allocated retirement account – whether it’s your new employer’s 401(k) plan or a Rollover IRA. Read more.
Retirement Income: The Back 9 of Retirement Planning
The effect a period of negative returns in early retirement can have on your portfolio is called Sequence of Returns Risk. There are ways to mitigate it, but first, it’s important to understand how it can affect your portfolio.
Zeroing in on Target-Date Funds
Are target-date funds the right choice to meet your retirement investing goals? While target-date funds do have some unique attributes that can make investing for retirement simpler, they are not a set-it-and-forget-it investment. They require …