Tag : 401k

It seems pretty harmless at first.  The first several years, even decades go by as you begin to build a retirement savings.  You feel proud that you are on your way to retirement.  What an accomplishment that would be; to have enough money to retire one day.  Then, life happens and the kids need to […]

I have been reading the book, Pound Foolish by Helaine Olen (@helaineolen) and I couldn’t get past the first fourteen pages without thinking that here is a woman who is a writer and journalist, who once wrote  for the Los Angeles Times (@LATimes) Money Makeover series, with no financial education and referring to a book […]

You’ve been planning and saving for retirement and doing everything “right” according to the financial gurus.  Then, in 2008 when the economy tanked, you’re now left with a home with no value, credit lines cut-off and closed, and wondering if you’ll even have a job in the next year. Or worse, you’ve just been laid […]

Let’s talk about your retirement accounts as they relate to your decision to file for bankruptcy.  There are many varieties and vehicles for retirements savings that include pensions, 401k, 403b, IRA and Roth IRA accounts.  Perhaps there are others that I am not aware of.  As I have said before, DO NOT CASH OUT YOUR […]