Blog Entries tagged 'retirement'

Why Are Retirement Plans Failing?

cmiles — Fri, 19 Dec 2008 02:00:00 +0100

With my "Fire Your Financial Adviser" seminar and our Producer Power Hour podcast this week, I wanted to address a topic that I feel is grossly misunderstood. When I was a traditional financial adviser, I would rattle off some assumed 2000 Bureau of Labor Statistics that came out with a longitudinal report that studied where 25 yr olds in 1960 were in 2000. It showed 29% of 65 year olds deceased, 66% totally dependent on others or still working, 4% financially independen [...]

One Hidden Danger of a 401(k)

cmiles — Fri, 08 Aug 2008 02:00:00 +0100

By Chris Miles

I have often heard many well-intentioned Americans tell me that they feel they are on track to their retirement goals merely because they have been saving a good amount in their 401(k)'s or similar qualified plans. Many believe this is their only option.

My purpose is to shed light on a critical factor that is one of the causes for dramatic disappointment to our 76 million Baby Boomers now entering retirement. This covert killer can leave one with LESS THAN [...]

Pg. 244 - 401(k) Part 2

garrettgunderson — Wed, 06 Aug 2008 02:00:00 +0100