Employer-provided retirement plans have some tremendous advantages over other investment accounts. They are convenient, allow for relatively large contributions, and usually receive employer-provided matching contributions. Unfortunately, they also have some large disadvantages, some of which matter more today than they have since the last major market crash, like a serious lack of diversification options. If the next major financial crash is like the last one, where both stocks and bonds lose meaningful value, then there is nowhere to hide in a 401(k) or 403(b) plan that does not have alternative investment options. Likewise, seemingly diversified options like retirement date or…
Read More
We routinely publish news, information and insights to keep our clients informed while also deepening their understanding of a variety of wealth management topics.