Tagged With: 401(k)

6 example ways to invest your 15%

Save 15% for retirement. You’ve heard it all before. And now you know how you determine how to determine which investment vehicles comprise that 15%. But with so many different options and scenarios, it’s easy to get lost. So here are six, real-enough examples showing common cases, and a suggested way to divide up that … Continue reading »

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Getting to 15%: How to determine the best investment vehicles

I believe that the optimal target when saving for retirement is to put away 15% of your income. Potentially more, but certainly not less. Here’s why. Getting to the point where you’re ready to put down 15% is hard. You don’t want to do it when you have debt, because you’d be better off putting … Continue reading »

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What if you can’t contribute to a 401(k)?

In my previous post, I talked about what to do if you’re ineligible for contributing to a Roth IRA. This most commonly is due to having an income over the limit set for those contributions. But just like you could be unable to contribute to a Roth IRA, you could also be unable to contribute … Continue reading »

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Seriously, take the employer match

What if I told I could get you an immediate 100% return on anĀ investment? Would you believe me? According to the American Benefits Council, 80 percent of full-time workers have access to a defined contribution plan such as a 401(k) or 403(b), and of those, 80 percent of those participate in the plan. That means … Continue reading »

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It’s 4 AM: Do you know where your retirement accounts are?

I just remembered that I have a gift card with money on it that I haven’t yet spent. The gift card is for Williams-Sonoma, a nice place for sure, but looks like I’ll be able to afford only a pot holder or half a pair of tongs. I’m not alone in not spending my gift … Continue reading »

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