When my daughter was born, my obsession with financial planning had a terrible collision with the reality of steep child rearing costs. So many financial questions ran through my mind. My MBA training slowly clicking into gear, I dove into a spreadsheet to run a bunch of calculations, based on various assumptions. I felt like Will Hunting solving an unsolvable math problem.
One Word for Greater 401(k) Success: Automate
Does Your 401(k) Tree Feel Like a Sapling?
Why Do You Need a 401(k)?
You’ve been hearing about 401(k)s for months, maybe years. From your parents, some “Financial Management” course you took at college for an easy ‘A’, and now the HR department at work sends a steady flow of emails about your company 401(k) which are confusing and usually deleted. So why do you need a 401(k), really?