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Nowhere in his letter do you learn the ugly fact that despite decades of promotion and happy talk, the median 401(k) of Americans at retirement age has a balance of $71,000–which can’t support ...
Money expert Dave Ramsey recently tweeted that turning to your 401(k) for help now ultimately puts your retirement future at risk. Here’s why the sole purpose of your 401(k) is for retirement.
USBank.com also advised against long-term corporate or municipal bonds, although these often make up the less risky portion of a balanced portfolio like a 401(k). 401(k) Fixed Investments
More and more of our readers are going back to work after retirement because they need the money. Some are offered 401(k) plans by their employers. They wonder whether or not they should ...
The rule of 55 states that you can withdraw funds from your current job’s 401 (k) plan without the 10% tax penalty if you leave that job when you are age 55 or older. This IRS provision allowing ...
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