What to Do If Your 401(k) is Losing Money

What to Do If Your 401(k) is Losing Money

Key takeaways Building a strong retirement nest egg doesn’t happen overnight. It’s usually a long game that takes patience and years of investing. Along the way, you’ll likely experience bouts of market volatility, which can push your 401(k) balance up and down.   A fluctuating account balance is completely normal, though dips be a bit more concerning if…

5 Things to know if you’re retiring before your spouse

5 Things to know if you’re retiring before your spouse

1. You might not need your savings or Social Security just yet If your partner will continue earning income, you might be able to postpone when you tap some (or all) of your nest egg. You aren’t required to start taking distributions from tax-deferred retirement accounts, like 401(k)s and traditional IRAs, until age 73. And…

Budgeting: The Bedrock of Financial Stability
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Budgeting: The Bedrock of Financial Stability

 Budgeting: The Bedrock of Financial Stability Most Americans overspend, and many use credit cards to cover it. According to a NerdWallet survey, 83% of Americans say they overspend, and a similar proportion who have a monthly budget (84%) say they exceed it. Of those who’ve ever gone over their monthly budget, 44% say they usually…

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