Most people are probably contributing to or at least have heard of a 401(k) plan. Some of you may have a choice to make Roth contributions instead of the regular pre-tax contributions to your 401(k) plan at work. How about non-Roth after-tax 401(k) contributions? This week I will help you understand what it is, how it works, and who can benefit from it.
Most people understand the concept of inflation. Beating inflation is also one of the most common investment goals when people have extra cash sitting in the bank. This week, I would like to share with you an article from Dimensional Fund Advisors, one of our strategic partner. It shows you the actual impact of inflation over a person's lifetime and the trade-off between merely outpacing inflation and growing wealth. Enjoy reading!
Unlike a comprehensive financial plan which covers so many topics and can easily take an experienced professional many hours to create, an investment plan for a regular investor is relatively straightforward. This week I will give you some general guidance on how to create a simple investment plan for yourself. For people having someone managing their investments, it could also help you evaluate your current plan and see whether you are getting the knowledge and service you are paying for.
