Reported 29 days ago
As inflation has decreased from its peak in June 2022, experts Robert Powell and Charles Chaffin discuss its effects on retirement savings and provide strategies for managing financial risk. They emphasize the importance of budgeting for essential and discretionary spending, recognizing behavioral biases that can affect investment decisions, and creating an investment policy statement to guide long-term planning. Additionally, they address common questions about choosing between a Roth 401(k) and a traditional 401(k) as well as effective investment strategies for new employees.
Source: YAHOO