Archive - June 22, 2011

1
How To Increase Your Retirement Income
2
How To Withdraw Money From Your 401k

How To Increase Your Retirement Income

People often ask about income investing. My contrarian opinion is that sometimes it is better to meekly accept a low yield from a low risk high quality bond mutual fund rather than chase after high yielding junk bond types of investments. If someone needs more cash flow than a low yield allows then they will simply have to sell off and spend down a sliver of principal each year until the economy returns to normal and rates go up and default risk (hopefully) goes down.

Senior citizen’s first priority is to avoid excessive risk so that means avoid things that …

Read More

How To Withdraw Money From Your 401k

Are your funds trapped in a 401k? You could ask your employer to do an “in service” transfer to your IRA. 401k’s with in service transfers are not common. ("In service" means that you are still working at the employer). Usually the Plan Documents do not allow an employee to transfer the funds out of his or her 401k while they are still an employee, so the funds may be trapped in the 401k until the person is no longer an employee of their company.

If you are allowed to transfer the funds out of a 401k while still at …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login