Reposting an article by US News and World Report's Emily Brandon. This is a great list of factoids, answering many of the same questions I'm often asked when it comes to 401(k)s...
$1M is not what it used to be
Breaking that $1 million mark in liquid assets still holds appeal as a good round number target. Most might even say that $1 million is plenty comfortable to live on for the rest of your life. Most, however, have probably never run the numbers. That sneaky little thing called inflation can really do a number on a million dollar nest egg...
Tough Lessons on Debt for College Students
The beginning of May brings about “Decision Day” for many high school seniors, when they must send in letters of acceptance to the schools of their choice. More often than not these days, this choice is also coupled with a financial decision that students may not realize the repercussions of when they commit to attend: taking on student loan debt...