Shelton 401(k) Pro-tips
Shelton 401(k) Pro-Tip #15: Be Prepared for Downturns in the Market
No one wants to see the retirement savings they worked for take a severe hit when the markets go south. But markets do go down, sometimes pretty dramatically. The truth is that these downward movements are inevitable for long-term investors.
Time to Align Impact Analysis with Your Retirement Investments?
These important products can, of course, enhance any personal portfolio with the addition of environmentally sustainable investments. But more than that, impact investing vehicles can provide a way for investors to earn returns and make a difference in the environment through their retirement accounts.
Shelton 401(k) Pro-Tip #14: Know Why You Would Invest in Stocks
Among the most important — and perhaps most intimidating — decisions you must make when you participate in a 401(k) plan is how to invest the money you are contributing to your account. The investment portfolio you choose determines the rate at which your account has the potential to grow and the income that you will be able to withdraw after you retire.
Shelton 401(k) Pro-Tip #13: Start Saving for Your 401(k) as Early as You Can and Stay Invested as Long as You Can
When it comes to retirement planning, it is never too early to start saving. Unfortunately, it is never that easy either. It is normal to procrastinate a bit when you are focused on bills that are due today and the things you want right now.
Shelton 401(k) Pro-Tip #12: Understand How Your 401(k) Helps Provide Better “Health” in the Long Run
You probably do not think about your financial wellness in the same way you think about your healthcare. Most people do not, but there are plenty of good reasons why you should. The holistic approach you employ to achieve a higher standard of physical and mental well-being are similar to that you might apply to your financial wellness.
Don’t Touch Your 401(k)…It Is A Bigger Deal Than You Might Think
We know you have diligently been contributing to a 401(k) plan, and you have probably enjoyed seeing your net worth grow each year. For many Americans, a company-sponsored 401(k) account will be the most valuable piece of their retirement income pie someday.