Thursday, January 29, 2015

Being smart with $$ - More 401(k) millionaires


More millionaires inside 401(k)s says Fidelity via Yahoo Finance.  72,000 workers did it as of the end of 2014 says Fidelity.  How did they do it? The old fashioned way: They saved as much as they could and as often as they could.  Fidelity says they saved 10-15% of their paycheck, got the company match and took advantage of catch-up contributions allowed after they turned 50.  If any old Joe can do it, you can too.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
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www.clientpriority.com 

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