With almost $5 trillion in assets, 401(k) plans now account for nearly one-fifth of all retirement assets, but many of us have no idea how much it costs to fund those accounts. So, how much do we pay in 401K fees? Good Question.
A new study finds we’re not saving nearly as much as we should or could. Interest.com looked at typical household spending in the Twin Cities and subtracted it from the area’s media after-tax income.
Whether you’re 25 or 55, you know you’ll want to retire one day – and to retire in comfort you must save. These five simple steps can help you make a big difference in your efforts to reach retirement with lots of money in your retirement account.
It’s talked about a lot, but how proactive are we about saving our money and what can we actually do to make sure it happens? Financial expert Bruce Helmer gave us some tips Friday on how to manage our money better as we start a new year.
In a time where individual choice rules the way Americans save for retirement, Americans are making a lot of bad choices.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The number one way of saving for retirement in America is the 401(k). But one in four Americans has dipped into that savings account early to pay bills.