Wall Street giants are making a bold new pitch to American retirement savers: add private equity to your 401(k) target-date funds for higher returns. BlackRock, State Street, and Empower are all pushing these products, promising an extra 0.5% to 2% in annual returns. But as I … [Read more...] about Should Private Equity Be in Your 401(k)? A Critical Analysis Every Investor Needs to See
Social Security
Is Delaying Social Security Right for You? Factors to Consider
Retirement planning can be a complex and daunting task, especially when it comes to making decisions about Social Security benefits. Retirees often wonder if they should delay or start taking Social Security benefits as soon as they are eligible. This decision can have a … [Read more...] about Is Delaying Social Security Right for You? Factors to Consider
What to Do with Your 401k from a Past Job
Introduction When you change jobs, a crucial consideration is what to do with your 401k from your past employer. There are so many options that many people get overwhelmed and do nothing. This comprehensive guide will explore various options for handling your 401k, empowering … [Read more...] about What to Do with Your 401k from a Past Job
Why Full Retirement Age Matters
Full Retirement Age matters because if you misunderstand it, you could get about 30% less Social Security retirement benefits over your lifetime. That is a lot of money. So, let’s start by defining what it is not. What Full Retirement Age IS NOT. If you participate in … [Read more...] about Why Full Retirement Age Matters
The Unfortunate Reality of Social Security Benefits
What to Expect There are a lot of unfortunate realities of Social Security benefits, the first of which is that most people don’t understand how it works. And that is a sad fact because the federal government forces almost everyone to contribute part of their income. It is the … [Read more...] about The Unfortunate Reality of Social Security Benefits