(The following is excerpted from 401 Confidential by Michael J. Marini.) When you invest for retirement with a 401(k) plan, retirement plan companies get FAT on your money. By my estimate, roughly $25 million in excessive fees are being drained form th… Continue reading
Back in 2013, I blogged on Next Avenue about the excellent PBS FRONTLINE documentary, The Retirement Gamble, where correspondent Martin Smith reported on America’s troubling retirement savings crisis. He’s now back with a riveting sequel airing Tuesday… Continue reading
Most retirement planning articles talk about 401(k)s, because these retirement plans are aimed at people who work for companies. But public employees who work for government agencies and state colleges or universities have special retirement-planning r… Continue reading
Even in these deeply polarized times, you won’t get much pushback saying that America’s retirement system is flawed. Perhaps there are lessons we can learn from policy experiments and reforms in other countries? The answer is “Yes,” especially by looki… Continue reading
Most Americans know they need to save for their golden years. So why aren’t many of the oldest doing that? Continue reading
(This article previously appeared on MarketWatch.com in its Best New Ideas in Money series.) While economists disagree over whether there’s a retirement-savings crisis in the U.S., one thing is clear: There’s an emergency-savings crisis. Getting more A… Continue reading
If your clients ever ask your advice about paying off their mortgage with their 401(k), advise them against it — here’s why. Continue reading
Roughly half of employed Americans (48 percent) aren’t saving any more for retirement this year than last and 13 percent are saving less, according to a new Bankrate.com survey. What could help Americans — and you, in particular — save more? A noted re… Continue reading
A reader has a fellowship and is looking for ways to pay for it. Continue reading
Not bad for a person who never heard of a 401(k). Continue reading