How Much Should You Have In Your 401k By 30?

With pension plans a thing of a past and Social Security benefits uncertain, your 401k plan is by far the most important vehicle to a safe retirement.  So in order to secure a good retirement, how much should you have in your 401k by 30?  We will answer this use four different scenarios.  In all [...]

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Protect Your 401k From Catastrophe With These Simple Tips

The last several years have done a number to many people’s nestegg.  Many people who relied on their 401k for their approaching retirement were no longer able to retire because their 401k lost so much value in the market due to the credit crisis.  If you want to protect your 401k from massive losses, follow these [...]

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How Does a 401k Work and How Do You Start One

The 401K is a great retirement vehicle. But employers do not do a great job of telling teaching their employees how to invest in it. This article will teach you how to start your 401k retirement plan and explain to you exactly how a 401k works. Because of the demise of pension funds, companies have [...]

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What is an IRA Account?

What is an IRA? An IRA account is an Individual Retirement Account. It differs from a 401(k) plan in that the money placed in an IRA is not taxed, or is taxed at a lower rate, so you hang on to more of your saved income. By investing the money (there are several investment options [...]

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