I remember playing sports and hearing my coach repeat the phrase, “Don’t forget the five [Ps]: Proper preparation prevents poor performance.” It’s a phrase that has stuck with me even now that those days are long behind me. It’s also what I keep in mind when I think about preparing for retirement. For a while, […]
When it comes to retirement accounts, the 401(k) has long been the go-to for millions of Americans. Offered through employers, 401(k) plans allow Americans to save and invest for retirement while lowering their taxable income for the year. A 401(k) is an important tool — there’s no denying that. And the more people use one […]
Your 401(k) can be an incredibly powerful tool when it comes to building a comfortable nest egg for retirement. It’s so powerful, in fact, that if your goal is to retire with a modest lifestyle at a standard retirement age, it might very well be the only tool you need to use to get there. […]