The Pros and Cons of 401k Rollovers
When people change jobs or retire, one of the biggest challenges is deciding if it’s smart to rollover at 401(k)-type plan to an IRA. The process is fast and easy. Making the best choice can be very complex.
When people change jobs or retire, one of the biggest challenges is deciding if it’s smart to rollover at 401(k)-type plan to an IRA. The process is fast and easy. Making the best choice can be very complex.
Camarda is pleased to announce that we will begin managing 401(k)s for clients in existing plans that can’t yet be rolled over. Not only can this save you time and professionally clarify your investment options, but may also lead to better returns, and a more secure retirement for you and your family.
Investors building retirement portfolios have many choices and this can get very confusing.
Often consumers start investing using savings accounts, the money market, and other short-term investment options. Later, when they start to save for retirement and get serious about other financial goals, they may keep this short-term mentality, but this can be a mistake.
While it is inevitable that some will move faster, it is important to emphasize that we like them all, and hope for nice profits from each of them, barring unforeseen problems. We think it is important to try to separate the long-term probabilities from the short-term noise like what’s trendy, and how the media is reporting.
The stocks are picked and monitored based on proprietary Camarda research, and research collected from others. The Caesar strategy targets stocks of companies we believe to have very solid businesses with strong outlooks.
Whether they set up their retirement accounts using financial advisors, financial planners, banks or a life insurance company, saving for retirement is becoming increasingly important to many Americans.
As Buffett has famously and repeatedly said, “the time to be fearful is when others are greedy, and the time to be greedy is when others are fearful.” The fear gauge is up, and we suggest you feel greedy and hope for some nice gains for awhile!
Too often, investors can look at the markets as if they are playing blackjack, instead of building a financial foundation to fuel how they want to spend their life.
Many people are sold inadequate amounts of whole and universal life because the commissions are high. Avoid this trap. Get cheap term, get enough death benefit to cover the need, and keep it only so long as you have an economic need.