Category Archives: 401k

How To Stop Worrying And Love Market Volatility

Karl Kaufman “Buy the ticket, take the ride,” wrote Hunter S. Thompson in his classic book Fear and Loathing in Las Vegas. Equity investors have been on a bumpy ride this month as volatility, lying dormant for what seems like an eternity, returned to the market in force. Wild swings in the Dow — thousand point drops followed by triple digit gains followed by drops and then gains — erased much of January’s returns and… Read More »

What Fiduciary Advice Is Worth To Your Portfolio

David Rae, CFP®, AIF® The Vanguard Group recently tried to quantify the value of professional financial advice. They determined that even the most basic financial advice is significant. According to Vanguard, an average financial advisor may be able to boost a client’s portfolio by as much as 3.75% per year over time. They call it Advisor Alpha. In layman’s terms, this means “the value of an advisor to your bottom line.” While 3.75% may sound… Read More »

How To Make Those Financial New Year’s Resolutions A Reality

Erik Carter Did you make New Year’s resolutions this year? Unfortunately, there’s a pretty good chance that any resolution we make won’t be kept. This can be particularly true of financial goals, which can often feel confusing and overwhelming. Here are some steps to help make those financial resolutions into a reality. 1) Set SMART goals. When we set a vague goal like “save more money” or a seemingly insurmountable one like “pay off all… Read More »

3 Things to Consider When You Have An Old 401(k) You Don’t Know What To Do With

Nancy L. Anderson If you have a 401(k) with a former employer, it’s called an orphan. The name is fitting, since you aren’t really taking care of this account — it’s sitting there all by itself. In fact, according to the Bipartisan Policy Center, there are 25 million orphaned retirement accounts sitting with former employers today. If you find yourself in this group, you may be wondering how to deal with your ‘abandoned’ funds. You most likely… Read More »