Entries Tagged 'Retirement' ↓

Most of us these days are not lucky –or is that unlucky?- enough to have a pension. Instead we have the 401(k). Good or bad… they are here to stay.

There are a couple of things I like about these defined contribution plans. But one of the things I am not too found of is taking loans against your retirement. Continue reading →

I am sure that the title above will boil the blood of some people. After all, the end of 2008 saw a big decline in the US stock market. A very big decline. Losses of 20-40% were not uncommon. For those that are retired, or nearing retirement, this recession has been a big blow. Many people have seen their retirements cut in half, if not worse. Continue reading →