My entire 401(k) balance vanished one day! Here’s why you should take matters into your own hands and consider rolling over your 401(k) when you change jobs.
Do you have a 401(k)? Do you know how to use it as a tool to achieve financial freedom? Read this post for seven questions you should absolutely ask to get the most out of your 401(k).
Part 1: It's All Relative
A friend emailed me a while ago with some questions about her retirement plan. She went on to say that her account returned 8.6% last year, which “seems low”, then asked “Is it?” And finally, ended her email with “HELP ME, I KNOW NOTHING!”
To help you understand what is and is not considered a "good" investment return, I'll be answering her questions in a four-part series. Click "Read More" for Part 1.
We're a few weeks into 2017. By now you're either kicking a**, or you've entirely given up on the resolutions you set for yourself. Either way, it's a perfect time to focus on one of the areas we often forget about when setting resolutions: our finances.
So here are 17 financial resolutions to get you on track in 2017!
A couple of weeks ago, I asked my email subscribers for their biggest WTF questions when it comes to money. I got some amazing responses, but this one really stuck out:
“How do I make money in my 401(k) when I’m only offered certain investments?”
As I was responding to this reader’s email personally, I realized that he’s not the only one with this question. So I decided to share my response to his question here to help all of you.
It's the "job" you can do from any duty station!
Whether you’re reading articles or blogs written by military spouses, talking to fellow spouses, fielding questions from newcomers in a duty-station-specific Facebook group, or eavesdropping on conversations at the exchange/commissary/coffee shop/gym/hair salon/insert other on-base hangout here (don’t lie - we all do it), it’s easy to identify one of the largest military spouse concerns: employment. Trust me, I’ve been there.
So, to my fellow military spouses who are searching for “more”, I offer you this alternative job title: INVESTOR.