Taking a Loan from Your Retirement Plan = Bad Idea
In a recent TIAA-CREF survey, 44% of those who had taken loans from their 401(k) plans said they regretted doing so. Why risk joining their ranks? Look elsewhere for money in a crisis.
July Economic Update
While global stock and commodities markets slumped, the leading indicators showed the U.S. economy pulling out of its first-quarter lethargy, with home sales being a particular bright spot. Stocks may have stumbled in June, but the news from Main Street was largely positive.
Digital Assets and Retirement Blunders
When you die, can your relatives retrieve your digital information? And greater longevity presents a challenge to us to make sure our savings last. Learn more about these topics in our June newsletter.So the NSA Can Read My Emails
But when I die my relatives won’t be able to? We’ve all heard over the last several years that the NSA is monitoring emails, phone calls, and how many coffees we buy at Starbucks. Ok, not the coffees at Starbucks (at least not that we know of). At any rate,...June Economic Update
Bears maintain that June is a poor month for stocks – but recent S&P 500 history offers a mixed picture of gains and losses. The S&P went negative in June 2010, 2011 and 2013 but positive in June 2012 and 2014. All in all, the month turned out better than Wall Street expected.