For many of us trying to save for retirement, our 401(k) plan is our main retirement savings vehicle.  Much has been written about the pros and cons of 401(k) plans, but the truth is that if utilized correctly the 401(k) is a powerful retirement savings tool.  Here are six 401(k) investing mistakes to avoid. Not contributing enough  Many plans will ...

The housing market is in a tricky situation given massive unemployment, continued shelter-in-place, the coronavirus, and tremendous uncertainty. However, after a massive 44% month-over-month rebound in U.S. pending home sales in May and another strong 9.6% rebound in September, the U.S. housing market is stronger than ever! Here are my housing predictions for 2021. Overall, I believe the housing market ...

As the COVID-19 pandemic continues, schools across the country are forced to reckon with a different kind of school year. Some school districts, colleges, and universities have fully opened to in-person classes with safety measures in place. Others have transitioned to hybrid models or gone entirely online. Regardless, teachers who have never taught online courses continue to need access to resources ...

Brains. Braaaaaains. Sorry, just channeling my inner zombie. If you’re in the mood to chop off something at the head, forget the fictional walkers and consider taking a whack at zombie debt. Zombie debt is way less fun than it sounds but potentially scarier than the undead. It’s the debt — maybe a medical bill or store credit card you ...

Due to the pandemic, more people are wondering whether they should withdraw funds from a 401k or IRA before retirement to help pay for life. There are plenty of reasons to withdraw money from a 401k or IRA early. Unfortunately, some people go too far and end up using their 401k or IRA like a checking account instead of as ...

Due to the pandemic, more people are wondering whether they should withdraw funds from a 401k or IRA to help pay for life. There are plenty of reasons to withdraw money from a 401k or IRA. Unfortunately, some people go too far and end up using their 401k or IRA like a checking account instead of as a retirement account. ...

Today, we can predict with more accuracy than ever dangerous hurricanes, winter storms, and floods. We know which areas are prone to earthquakes and tornadoes or susceptible to wildfires, and we can tell hours in advance whether a tsunami will hit our shores. However, thanks to our global economy, it’s not just local disasters we need to consider. Disasters in ...

[Editor’s Note: We get a lot of interesting stuff submitted as potential guest posts here. I’ve never seen one on this subject though so I thought it would be a great introduction to an important topic that can affect at least a few doctors. Today’s guest post was submitted by Joseph Gentile, Esq., Co-Founder and Partner of Sarraf Gentile LLP, ...

Hopefully, everyone who has access to a 401k is contributing to a 401k. To not do so is a mistake you don’t want to realize when you’re old and unwilling or unable to work. This post will discuss all the top 401k mistakes that hurt your retirement. Let us be clear. The government isn’t going to save you. With a ...

It’s a rare day when my mind runs dry on topics to share with you, but it’s become a frequent occurrence in the past few weeks.  When “bigger” things are going on in the world, it’s a good reminder of how little “other” things really matter. Since my birthday on March 17th, my wife and I have self-isolated in our ...

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