Smart401k Blog

  • What Investors Should Do in a Market Correction

    Despite the uncertainty you may feel when a volatile market takes you on a roller-coaster ride, one thing is clear: As investors, we should prepare for the bumpier experience ahead.
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  • 3 Investing Expenses Worth the Splurge

    Wasting money is easy. Case in point: a start-up company called Washboard launched this summer with a simple enough service aimed at consumers without a washer and dryer at home.
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  • 4 Questions to Help You Avoid Social Security Mistakes

    Shame on you. I know what’s going on. You’ve been trashing your Social Security statement without even a glance or second thought. Or maybe you haven’t begun to consider Social Security’s role in your future retirement.
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  • 3 Stages of Saving and Spending in Retirement

    Although you have probably calculated the value of your nest egg in terms of annual retirement income, what you will be spending immediately after leaving the working world will likely be very different as you move further into retirement.
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  • 3 Harmful Mistakes You Can Make When Saving for Retirement

    Retirement planning takes discipline and hard work. Even the best-laid plans can fall by the wayside, and even the most dedicated retirement savers make a few mistakes.
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  • 7 Steps to Reach Your Retirement Goals

    Whether retirement is decades away or just around the corner, it’s difficult for many retirement investors to determine whether retirement dreams are actually attainable goals. But this is no time to stick your head in the sand because retirement is coming.
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  • How to Factor Medical Expenses Into Your Retirement Plan

    The word "retirement" has pleasant connotations. It’s a life phase rooted in the American psyche. Workers look forward to it for years. After 40 or more years of the daily grind of work-life, in retirement we get to relax and do what we want
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  • The Cost of Being Average With Your 401(k) (Infographic)

    No one wants to be average, especially when it comes to the kind of retirement they’ll be able to afford. The infographic below compares the size of an average 401(k) investor’s nest egg with that of one who is taking retirement planning to the next level.
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  • 3 Ways to Make Your Retirement Strategy More Efficient

    Many Americans overlook the need to take a holistic approach and make sure all accounts are working together effectively. Failure to create a holistic, coordinated strategy that includes each retirement account could cause various problems, including:
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  • What to Do With 'Orphaned' 401(k)s

    Do you have custody of your nest egg? A 2013 survey by ING Direct USA showed that half of American adults who participated in an employer-sponsored retirement plan, such as a 401(k), have left an account at a previous employer.
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  • 5 401(k) Mistakes to Avoid

    Setting up retirement plan contributions and choosing investments is the first step toward saving for your future. There are, however, mistakes that can derail the best retirement aspirations if investors are not careful.
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  • Tell a Graduate to Start Saving Now

    Roughly 1.6 million college students will graduate with bachelor’s degrees this spring as the class of 2014. As commencement season continues, chances are pretty good that you or someone you know will have attended at least one graduation ceremony.
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  • Are You Your 401(k)'s Worst Enemy?

    What do Congress, Barack Obama, fees and Godzilla have in common? A quick Google search will tell you that they’re all enemies to your 401(k) account. (We might have made up “Godzilla,” but you get the point.)
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  • Fees in Your 401k Investments (Infographic)

    For most the world of 401k investing can be confusing. With so many terms and numbers to remember, learning all the terminology can be just like learning a new language. And with the recent release of 401k fee information, 401k participants are expected to decipher a handful of new terms. So, to help better understand the nuts and bolts of fees in your 401k investments, we put together a little infographic.
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  • Get to Know the Asset Classes of 401k Investing

    If you’re trying to decide which asset classes belong in your account—and what percentage of your portfolio each asset class should be—it helps to understand how various asset classes tend to behave.
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  • In Retirement Investing If Some is Good, Is More Always Better?

    As a young father, I’ve experienced a great deal of joy watching my toddler learn and grow. A few months back, my wife and I started giving him finger foods, allowing him to feed himself. We soon found that he loves Goldfish crackers, and he embraced the thought that “if one is good, a whole handful is better.” We’re still trying to teach him that a mouthful at a time is not the best idea. More isn’t always better, and you can have too much of a good thing.diversification with your 401k investments.
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  • Starting a New Job? – Don’t Forget About Your Old 401k Investments

    New office. New coworkers. New duties. As we all know, there are many things to prepare for when getting ready to start a new job. The transition can be an exciting one, but all too often many of us leave behind and ignore a very important asset – our 401k. Considering that employer-sponsored retirement plans, like your 401k, will make up a major portion of your retirement assets, it’s crucial that you consider your options when it comes to deciding what to do with a 401k from a previous employer. Not knowing what choices you have can often lead to some costly consequences.
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  • Investing in Your 401k Even if it’s a Small Investment

    Don’t let youth, inexperience, or an entry-level salary keep you from investing in your 401k. Too many young people tell me they’re avoiding retirement investing because they don’t think their small contributions will matter.
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  • Save Your Retirement Fund: Prefunding Major Purchases to Avoid Retirement Plan Loans

    When it comes time to make a major purchase, the funds sitting in your retirement plan may start to look very attractive. You may be tempted to borrow from your retirement plan to fund a new home, vehicle, a child’s wedding or their education. To avoid the temptation, develop a strategy now to prepare for these purchases and help you remain debt free.
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  • 10 Traits of a Remarkable 401k Investor

    When it comes to 401k investing, every person is different. We have different retirement timeframes, tolerances to risk, investing personalities and ideas about the perfect way to spend our days after leaving our current careers. But there are some traits 401k investors in-the-know share, placing them in the best position to reach their retirement goals. Here are ten traits of remarkable 401k investors.
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