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The person who posted on r/fatFIRE thinks a recession is coming and wants to convert around 90% of their 401(k) into cash. That's an extreme reaction on a hunch if you ask me. That's an extreme ...
Why does the most popular retirement plan in America seem to be such a bad idea, according to Kiyosaki? ... Another issue surrounding 401(k) plans comes down to taxes. 401(k)s are taxed at higher ...
It's usually not a good idea to stop 401(k) contributions just because the market is down. Volatility can occur at any time. Even financial experts cannot accurately predict the market.
This is what makes the idea of 401(k) automation features so appealing. You don't have to choose investments: Your employer will automatically enroll you in a default option if you don't select one.
With a dedicated financial advisor on your side, you can have them support you in any way you need, helping you carve the right path forward so you can continue padding your retirement fund, save ...
Experts frequently advise people to save aggressively for retirement in their tax-advantaged accounts, such as 401(k)s, for its tax advantages and high growth potential. However, it is possible to...
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