Our daily roundup of retirement news your clients may be thinking about.
How to avoid the biggest 401(k) mistakes It is a mistake for clients to leave their retirement money with their previous employer's 401(k) plan instead of transferring it to an IRA, according to MarketWatch. Many 401(k) investors also commit the mistake of not rebalancing their 401(k) portfolios and of scaling down their stock exposure when they retire or the market underperforms. To avoid these mistakes, clients are advised to invest in things under their control instead of speculating on the economy and other things beyond their control. --MarketWatch
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access