An easy plan for retirement-planning procrastinators Cients who procrastinate when planning for retirement are advised to face their fear and anxiety to get on their feet and start planning for their golden years. To adopt a resilient attitude toward retirement planning, clients need to embrace their feelings toward aging and retirement wholeheartedly, understand that their family will be involved in their retirement and specify their fears, hopes and actions to realize their aspirations. After having a clear picture of their fears and goals in retirement, clients are advised to discuss these things with their loved ones and seek professional guidance.  --MarketWatch

The major 401(k) hit clients can avoid People end up with bigger savings in pension plans than in defined contribution retirement plans because 401(k) plans' hefty investment fees. To minimize the 401(k) costs, participants are advised to opt for passive index mutual- or exchange-traded funds and request institutional-class funds in the plan. They can also lessen the costs by requesting separate managed accounts and asking their employer to avoid fund companies that impose commissions, 12b-1 fees or revenue sharing.  --Forbes

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