How can you stop your 401K from losing money?
Description
Fidelity says the number of people who have 1 million dollars in their 401(k) accounts is down almost 30%. People who have a million dollars are probably close to retirement, so this brings up the topic of risk management. David and Travis explain how they help their clients “de-risk” their 401(k) so they aren’t just going up and down with the stock market.
Plus, Americans are trying to stretch their dollars amid high inflation, but they might be overlooking money they already have – gift cards! Check your wallets! A new survey (by CreditCards.com) found the average person has $175 in unused gift cards. And if you don’t remember to cash them in, you’re leaving money on the table. When it comes to retirement planning, what are some of the ways to prevent leaving money on the table?
Call David and Travis today for your Financial Lab!
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