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Financial Wisdom

Financial Blasphemy: Why This Adviser Questions The Wisdom Of Maxing Out 401(k) Contributions

The number one rule of saving for retirement is to max out your 401(k) contributions …right? The adviser cited in today’s article has a different take on this widely-accepted piece of financial wisdom, arguing that, for many, there might be better options. For whom does he believe maxing out 401(k)s contributions is not the best option, what does he recommend… 

Should Retirement Investors Forget Dollar-Cost Averaging And Just “Take The Plunge”?

If you have a large sum of money that you want to invest for retirement, the commonly-held financial wisdom is that you should use the dollar-cost averaging strategy and move that money into the market gradually so that the entire amount is not at risk of a market setback. But, as today’s article explains, it turns out that this seemingly…