Managing your 401(k) mutual fund portfolio has more to do with gardening than you might imagine. I have found that the concept of “gardening” tends to resonate with individual 401(k) investors. Let’s see if I can help you make the same connection. Spring is time to...
Over 80% of U.S.-defined contribution plan sponsors offer stable value funds. In their default retirement fund lineup. According to 2022 data from MetLife. I have yet to meet with an individual 401(k) investor who can explain a stable value fund. Or use it to preserve...
Deciding which mutual fund gets your hard-earned 401(k) money is always a tough decision. The stock and market volatility now make it even more difficult. Most 401(k) mutual funds lag the investment performance of the stock market averages. Even in a good stock...
I prospect for new individual 401(k) advice clients almost every day. Phone calls, e-mails, blog posts, and LinkedIn InMail’s. I use most all the tools I can manage myself. One element seeking new 401(k) advice clients never changes. The initial resistance to a new...
I am the father of two Gen Z’s. Many of their college roommates, teammates, and friends are now in my 401(k) advice client base. Both of my kids have confirmed the results I read of a Qualtrics study on behalf of Credit Karma. The study found that that 52% of Gen...
Admit it. You hate watching your 401(k) retirement plan account. Especially the last few months. I make that bold statement based on my 24-plus years of providing 401(k) investment advice. That advice includes the important, “what to buy?” question. Lately, the even...