The Outdated 401(k)

The Outdated 401(k)

Is your retirement plan entirely wrapped up in your 401(k)? If so, you might want to rethink your personal finance strategy. 401(k) funds were initially designed to create employer-provided, tax-advantaged complements to existing investment portfolios. Over the years, 401(k) funds have become both outdated and expensive. The Cost of a 401(k) The initial goal of…

Developing Your Financial Goals from 20s to 30s: Education for Millennials

Developing Your Financial Goals from 20s to 30s: Education for Millennials

The earlier you develop a financial plan, the better. In your 20s, you are just starting your career and developing an idea of what you want for your future. Your 20s should consist of a sound financial education, planning for your retirement, paying down your debt, building your credit and avoiding the accumulation of new debt.