Secrets of the 401k Millionaires

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If I had to choose one financial topic for all my late-20s, early-thirties clients, friends and family to learn, it would just be the plain old 401k . Forget the fancy stock tips from your brother-in-law, ignore the expensive whole life your neighbor is trying to sell you, resist the urge to put all your [...]

The State of the 401k

Source: examiner.com

Every year, the Plan Sponsor Council of America publishes a study on the state of retirement plans in the US. Here are some interesting highlights from their most recent study: The average plan has approximately 60.6 percent of assets invested in equities Companies contribute (including matching) an average of 4.1% of participant’s pay 1.8% of participants [...]