I’ve known a few people in my career in pharmacy who have left their 401k contributions invested in their former employers’ sponsored retirement savings plans only because they didn’t know what to do with it after they left. That’s unfortunate, because many of the employer-sponsored 401k (and similar) retirement savings plans that I’ve experienced are [...]
retirement
A Hard Look At Retirement Planning
It goes without saying that for many of us, much of the planning, the hard work, the saving and the sacrifice we endure during our young lives is focused towards the goal of achieving a more comfortable retirement. We work, we save, we invest – and then we hope for the best. I say “hope” [...]
National Save For Retirement Week
It’s that time of the year again folks. October 18-24, 2009 has been congressionally endorsed “National Save for Retirement Week”, and is formally calling on local and national public, private and federal employers to promote the benefits of saving for retirement and encouraging their employees to take full advantage of employer-sponsored plans. So, if you [...]
Bogleheads On Retirement Planning
Along with getting started early, one of the most successful strategies for accomplishing a secure retirement is planning ahead for it. The Bogleheads are here to help guide your way. It was these experienced, knowledgeable and altruistic investors from the Bogleheads (formerly Vanguard Diehards) forum who first helped guide me on my “quest to conquer [...]
What Will You Do With That Raise?
Although this recession has taken it’s toll on some businesses, there are still a few well-run companies who’ll value their employees’ contributions with a raise this year. If you’re one of the lucky ones, what are you going to do with that extra money? We all the know the economy could use a good kick [...]
Where To Stash Your Cash
I was recently reading a blog catalog post where the author and some of the commenters wrote that they refuse to contribute towards their company’s retirement plan (401k, 403b, etc.) because they think their plan is a scam or assume their contributions can only be invested into the stock market. The stock market isn’t for [...]