The thought of retire early may be an illusion for some and a punishment for others. Everything is, as the saying goes, depending on how you look at it. First, is it the decision whether retirement is voluntary or forced? Often when companies offer their employee early retirement is not really such an offer since the other option is to be fired. (more…)

It’s not just choosing the right retirement investment that helps 401k grow faster. It’s keeping your hands off them too. Most plans permit you borrowing from 401k against the account balance for compelling reasons. Those all-too-compelling reasons may reduce the amount you’ll be able to draw someday from your 401k. (more…)

For as long as man has left any record of his hopes and aspirations he has expressed his desire for a long life. But as people live longer and more and more of them retire from work what is their potential for living a good life? Can the retirement years be as satisfying as the working years? This is the question facing millions of Americans, and it may be the question which prompted you to take part in a retirement preparation program. (more…)

Another old adage says that we should learn from the mistakes of others. When it comes to retirement planning, there are many legal, tax, and retirement saving mistakes you can make as a business owner, retirement plan trustee, or plan participant. (more…)

Unlike past eras, it’s doubtful you’ll spend your career with the same employer. When you’re ready to move on, you’ll face some important decisions about what to do with your 401(k) plan. Essentially, there are four choices when you’re ready to take a hike:

1. Take the money and run. (more…)