Tag: retirement wealth
Let’s see if fintech and state auto-IRAs are making a difference. Individual Retirement Accounts (IRAs), which hold over half of total private retirement assets, were introduced as a way for workers without an employer-sponsored plan to save for retirement. Instead, they have been primarily used as a vehicle for rollovers from employer-sponsored plans, with direct…
Are ESOPs actually a good idea? Warren Buffet is known to have said about diversification: “[it] makes very little sense for anyone that knows what they’re doing.” As someone with his retirement savings mainly in diversified index funds, that quote hurts. Then again, when it comes to my retirement savings, I don’t really have t…
