In other words, a handful of employees contributing a high percentage to their 401(k)s could make it look like more people reached a match percentage than in fact did. This is especially true, Shamrell notes, when considering data that includes young employees, who tend to contribute less ...
Your portfolio can contain a majority percentage in stocks, which are more volatile but also have more potential for bigger rewards.On the other hand, for those closer to retirement age, less risky investments are the way to go. You'll want to have more of your portfolio in stable ...
Today, my portfolio is defensive because I'm afraid of losing my gains. The average percentage change in the stock market seems much higher than +/-1% nowadays. Everything earned after 2012 feels like funny money because I left work with enough. Now, I've got two people to take care of...
For example, when I startedcontributing to my 401k in 1999, the maximum contribution limit was only $10,000. If you are a 40 year old, it's best to focus on the Mid End column. This chart does not take into consideration any after-tax savings post 401K contributions. However, the hig...
If you save money, invest it wisely, then you will surely beat the average.In fact, the average is going to be too low. It will be misleadingly low. In fact, just investing at all will put you ahead of mostAmericans because very few of them own stock at all!
This is a ballpark figure based on the many articles on this I’ve come across on this over the years. In fact you can Google this question and find several falling around this percentage. I’m not sure why they vary. Some look at different time frames. Some at different metrics. Some...
The government believes 1+1 = 1.21 because it is sexist. Most people in congress are men. Therefore, they just assume that one spouse, mainly the woman, stays at home to raise children. Of course there are tremendous benefits of having a stay at home spouse take care of the kids. Your...