Is the rising stock market giving workers confidence that they will have enough money to live comfortably in their retirement years? The 28th Annual Retirement Confidence Survey conducted by the Employee Benefit Research Institute (EBRI) shows a slight increase in the number of respondents that are very confident or somewhat confident in their ability to have a comfortable retirement.
How’s your 401(k) or IRA doing? A typical 401(k) plan returns from 5% to 8% based on a portfolio of 60% stocks and 40% bonds and other conservative investments. If your retirement plan is not meeting expectations, you may be tempted by the high returns of cryptocurrencies like Bitcoin – but should you be wary of incorporating cryptocurrency into your account?
You frequently hear about America’s crushing student loan debt, but cars are not far behind — especially subprime auto loans.
What happens to your employer-based 401(k) account when you leave a job? That’s for you to decide – and if you make no decision, you may end up losing hard-earned benefits.