Your 401(k) marketing materials make the following message loud and clear. 401(k) participants do not have the necessary experience, training, or knowledge. They cannot manage their own 401(k) accounts. Your 401(k) provider (Schwab, Fidelity, Vanguard, etc.) offers a...
Several companies have announced layoffs over the last few weeks. I thought short refresher on 401(k) rollovers would be helpful. Most individual change careers. They leave more than one 401(k) account behind. Add in a job switch. And a spouse. Soon you have a...
Even casual investors have read an article about the merits of diversification. More than one. It is one of the most repeated financial services provider advertisement themes. If not, your 401(k) provider web site would be more than happy to help. They could fill up...
It would be a cold telephone call. Or an e-mail sent to your work e-mail address. If I were feeling bold, I would send you a video message on your cell phone. I would tell you that I am reaching out to you about your 401(k) account. Here is what you would respond. “I...
Since 2008, investment management experts have predicted the death of the “balanced” portfolio. I am speaking of 60% invested in stocks. And 40% invested in bonds. It turns out 2022 was a close repeat of 2008. When 401(k) investors needed “diversification” and “asset...
I have been providing investment advice to 401(k) investors for over 36 years. I know the most important investment management function I provide for my clients. The economic, interest rate, and stock market risk levels changed over the last few months. My 401(k)...
