Tag: Retirement Plans
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3 Avoidable Errors That Could Upend Your Retirement Plans
As older Americans approach retirement, many may be realizing their financial planning isn’t what it should have been. That could mean they need to postpone retirement – or abandon the idea altogether. “Most people don’t spend much time even thinking about retirement,” says Stephen Ng, author of “10 Financial Mistakes You Should Avoid: Strategies Designed…
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Finding Protection Through Your 401(k)
The growing use of employer-sponsored retirement plans is prompting more African Americans to invest in stocks, according to the 2005 Ariel/Schwab Black Investors Survey. In addition, 401(k) plans are helping black investors build wealth for the future and a solid nest egg for retirement. The findings are significant because they come at a time when…