The Deferral Trap
My wife follows Twitter and sent me the below attached piece from Bloomberg about 401(k)s. I did not believe the title at first, but the article does make some valid points about the changes in tax laws and the availability of low cost funds to the general public since 401(k)s were created in the late […]
Pay Down Debt or Increase Savings
A friend of mine who is early in his career recently told me that he had finally paid off his car. He wanted to know whether he should use his newly available cash flow to pay down other outstanding debt or use the funds to increase his retirement savings. This is a good question. In […]
