Tag: 401(k)
Who knew doing nothing could be so effective? Most people probably know the portion of Issac Newton’s First Law of Motion that describes inertia: “objects at rest tend to stay at rest unless acted upon.” What most people don’t know is that when Sir Newton wrote this, he turned to his assistant and commented: “this…
Do participants understand their exposure to risk? It’s always interesting to look at Vanguard’s most recent edition of “How America Saves,” which summarizes the previous year’s activity for its 401(k) clients. Of course, the activity at any single company does not provide a complete picture of retirement preparedness. Individuals may have more than one 401(k) account…
