401-K Plan Archives - Page 13 of 13 - $ WEALTH BUILDING POWERS

EASY LIFE HACK FOR REMARKABLE RESULTS (INCREASE YOUR EARNINGS BY A FACTOR OF 10!)

Did you write your 2018 goals down? Can you find them? Some of you are thinking what’s the big deal! Let’s look at a small case study to see why it is a BIG deal. “Mark McCormack the author of "What they don't teach you at Harvard Business School" conducted a study on Harvard Business School MBA program, 1979 batch. The students were asked a simple question ...

END OF QUARRTER 1 Score: WOMEN’S TEAM – 1 VERSUS MEN’S TEAM – 3 –{WOMEN ARE LOSING THE INVESTMENT BATTLE TO THE MEN – WHY?}

In this week’s blog I am talking with the ladies. Guys join in as this is about your sisters, daughters, wives, etc. And you BEST care! Ladies, I have a serious question. Why are you allowing men to add more money to their investment accounts and gain PROFIT on their investments while you sit passively on the sidelines? I am referring to men and women with equivalent income. Research shows ...

FINANCIAL LITERACY , INVESTMENTS

IT’S TIME TO INVEST IN EQUITY – S AND P 500 ETF INDEX

Some of you are off to a terrific start! Let’s look at potential accomplishments: • You are employed or own your business and have a steady and growing income stream. • Have paid all education loans off. • Contributing (HOPEFULLY AT MAXIMUM LEVEL - $18,500) to your 401-K. If not at maximum level of your 401-K you are using your annual raises to increase your participation percentage in your 401K until you reach maximum amount of ...

IRA ROTH AND TRADITIONAL

STAY THE COURSE – NEVER EVER RUN OUT OF MONEY!

One sure-fire way to live a good, no make that great retirement is to utilize all the savings tools at your disposal today. The past two blogs discussed the 401-K Plans, both the Traditional and the ROTH. Let us look at two additional retirement tools, the Individual Retirement Account (IRA) and the ROTH IRA. Even if you have access to a 401-K, an IRA is a GREAT investment tool. Think ...

401-K PLAN

SIMPLY AMAZING BENEFITS -THE 401-K & ROTH 401-K

Last week, I discussed the best retirement investment tool, the 401-K Plan (401-K). This week we wil look at a variation of the 401-K, called the ROTH 401-K. For those of you who have a ROTH IRA, the rules and benefits are similar. Vanguard Investments’ data indicate 60% of their client companies offering a 401-K plan offer both a traditional plan, and the ROTH 401-K. However, Americans may not completely understand ...

401-K PLAN , INVESTMENTS

401 K – THE MOST AMAZING MILLION DOLLAR INVESTMENT

Last week I interviewed my young friend Jake and we discussed his family’s primary investments tools, including the 401-K Plan (401-K). The absolute best investment vehicle I and MILLIONS of other Americans utilize is the 401-K. Yet, of the 79% of Americans who have access to fund a 401-K, only 41% participate. Let me explain why 59% are making a huge mistake that will cost them dearly in the future…say ...