According to a new Winthrop University survey, 40% of the retired people in SC are living below the level that they would like.
Wall Street Steward Blog
Time to introduce a new feature on the blog – Truth & $hare. Lots of times I get asked “did you see that article in the WSJ? What do you think about it?” In this new series I will provide color commentary to articles I have read recently.
Under normal circumstances, I am a proponent of rolling over 401(k) assets as soon as one is eligible. In fact, I have only encountered a handful of situations in my career when it made more sense to leave the 401(k) in-tact at the old company.
In order to be competent in finance, you must first get your bachelor’s degree in acronyms. At least that is what I have been told by the “experts.” Maybe I will get to that level one day, but as of right now, the more I learn, the more I realize that I do not know.
One of the most common financial questions people ask me goes something like this: “I used to work for <insert name here> and I had a 401(k) there. I left my job but never did anything with my retirement account. Should I just leave it alone or do I have other options?”