Tag: saving
It’s fairly easy to withdraw money prematurely from 401(k)s and IRAs – a practice that depletes roughly one-fourth of account balances over a worker’s lifetime. U.S. workers on average withdraw 1.5 percent annually from their retirement account assets. When they do, they forgo years of investment gains they could have earned had they left their…
The Greek poet Hesiod, circa 700 B.C. Saving for retirement is a modern-day imperative, but even the ancient Greek poet Hesiod – quoted in a new study – advised us not to tarry: Do not put off till tomorrow and the day after; for a sluggish worker does not fill his barn. So what about…
