Expert Advice & Opinion on Personal Finance in 2023
The 401(k) tax-deferred retirement plan has become the golden standard for end-of-life investing in the United States of America. And that’s a shame because I cannot think of a worse way to plan for the last financial years of your life. Although the misery imposed on American workers by their employers through 401(k) plans was…
Sooner or later, anyone with a credit card and a retirement plan will face this question: Should I use my 401(k) savings to pay off my credit card debt? It’s a tempting proposition and it flies in the face of nearly all standard retirement savings and investment advice. After all, on average the stock market…