.: 401 Top Related Articles
1). How to Avoid Dumb Investment Mistakes
Smart people sometimes make dumb mistakes when it comes to investing. Part of the reason for this, I guess, is that most people don’t have the time to learn what they need to know to make good decisions. Another reason is that oftentimes when you make a dumb mistake, somebody else—an investment salesperson, for example—makes money. Fortunately, you can save yourself lots of money and a bunch of headaches by not making bad investment decisions.
Article tags: financial planning, ira, 401, retirement planning
2). Read This If You Can’t Possibly Save Enough for Retirement
It’s relatively easy to save for retirement when you’re still young. Five thousand dollars set aside for a new baby grows to an amount that generates over a $100,000 a year in current-day dollars if the money earns 12 percent annually and inflation runs at 3 percent.
NOTE The data is a little sketchy, but small-company stocks probably deliver average returns of around 12 to 13 percent over long periods of time.
Article tags: financial planning, ira, 401, retirement planning
3). A Closer Look At The Roth 401k
Roth 401k is a good retirement savings option. Although it does not provide an up-front tax-deduction, the account eventually becomes tax-free, because the withdrawals taken at retirement are not subject to income tax.
Article tags: tax, saving, retire, funds, invest, stocks, shares, roth, 401k, 401, free, charge, cost, ira