Tag Archives: 401(k)

Don’t let these 5 excuses keep your kids from becoming millionaires

Recently, one of us (Maria) was at a bank trying to set up a small custodial IRA on behalf of a nephew and was told that “a minor can’t have an IRA.” It was an interesting experience, and one we … Read more

2014 financial resolutions: An update

I posted a blog in early January 2014 outlining my seven financial resolutions for the new year. I’ve made some progress, but frankly, I have some considerable work yet to do.

Here’s an update:

Financial resolutions for the new year

Like millions of Americans, I make a list of New Year’s resolutions each year that, come March, are all but out the window. This year, it’s going to be different. I’ve already hopped on the treadmill and made some progress … Read more

Pension troubles highlight challenges

 

The City of Detroit’s recent bankruptcy filing has raised questions about whether the city’s pension fund will be able to make good on its promises to workers. Detroit’s downfall has cast light on other public pension systems facing troubles, including … Read more

Starting now can help you finish strong

I recently had the opportunity to watch a video of couples talking about retirement, which, for them, was about ten years away. The couples were broken into three self-described categories: fully prepared, somewhat prepared, and not prepared. At the end … Read more

The 401(k) debate

I just finished watching a new documentary on 401(k) plans. It was intended to be an exposé of sorts. The program combined criticisms of the U.S. retirement system and financial services industry with sinister music for added drama. After I … Read more

Is your retirement bucket leaking?

A new study reported in the press summarizes what retirement experts have known for a while: Tax-deferred retirement accounts such as 401(k)s and IRAs can sometimes be “leaky buckets,” meaning that some individuals tap their tax-advantaged accounts prior to retirement. … Read more

Early in your career? Consider a Roth

Here at Vanguard, we’re in our busy season. As clients set New Year’s resolutions to save more and prep for submitting their taxes, we receive more phone calls and emails. There’s a tradition at Vanguard where employees from around the … Read more

Maximizing retirement account balances

I was just reading a blog that reported the typical pre-retiree had $42,000 in a 401(k) account as of 2010. Yet, I happen to know the actual figure is more like $100,000. These two numbers reveal how much confusion can … Read more

Wealth implosion 2007-2010

The headline is dramatic. For the typical American household, net worth is down 39% from 2007 to 2010. That puts net worth for the typical household back where it was in the early 1990s. This data is from the Federal … Read more

Visit vanguard.com or contact your broker to obtain a Vanguard ETF or fund prospectus which contains investment objectives, risks, charges, expenses, and other information; read and consider carefully before investing.

Vanguard ETF Shares are not redeemable with the issuing Fund other than in Creation Unit aggregations. Instead, investors must buy or sell Vanguard ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

Investments in bond funds are subject to interest rate, credit, and inflation risk.

Diversification does not ensure a profit or protect against a loss in a declining market.

Foreign investing involves additional risks including currency fluctuations and political uncertainty.

Stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund.

All investing is subject to risk, including possible loss of principal.

Vanguard Marketing Corporation, Distributor

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