Show Notes Introduction to the Road Rules for Retirement Show: Mark Fried and Cynthia DeFazio discuss the importance of considering both spouses' perspectives in retirement planning. Why Women-Specific Financial Planning Matters: Insights on why financial planning should address the unique needs of women, especially given their longer life expectancy. Understanding 401(k)s and Their History: A brief overview of how 401(k) plans originated and their evolving role in retirement planning. Maximizing 401(k) Contributions: Tips on how to maximize your retirement savings by taking full advantage of company matches and Roth options. The Importance of Rebalancing Your 401(k) Quarterly: Learn why regular rebalancing of your 401(k) is crucial and how it helps keep your retirement plan on track. Target Date Funds: Pros and Cons: Mark explains the growing popularity of target date funds and why you need to understand them before investing. Managing Multiple 401(k) Accounts: Guidance on how to consolidate old 401(k) accounts to maintain control and optimize your retirement strategy. The 401(k) as a Pension Replacement: A discussion on how 401(k)s have taken the place of traditional pensions and what that means for your retirement income. What is a Fiduciary?: Understanding fiduciary responsibility and why working with a fiduciary is essential for your financial security. Choosing the Right Financial Advisor: Tips on how to select a financial advisor who aligns with your values and financial goals. Chapters [00:00] Introduction and Welcome: Overview of the episode’s focus on retirement planning and 401(k) strategies. [00:15] Importance of Spousal Involvement in Financial Planning: Discussion on the importance of involving both spouses in retirement decisions. [02:52] The Evolution of the 401(k) Plan: History and significance of 401(k)s in retirement planning. [04:50] Maximizing 401(k) Contributions: Strategies for getting the most out of your 401(k), including company matches and Roth options. [09:19] Rebalancing Your 401(k) Quarterly: Why regular rebalancing is crucial for maintaining your investment strategy. [10:49] Target Date Funds: Are They Right for You?: An in-depth look at target date funds and considerations before investing. [13:10] Managing Multiple 401(k) Accounts: Advice on consolidating old 401(k)s to optimize your retirement planning. [14:56] The 401(k) as a Pension Replacement: How 401(k)s have replaced pensions and what that means for your financial future. [17:06] Understanding Fiduciary Responsibility: Explanation of what it means to be a fiduciary and why it’s important for your advisor to be one. [21:45] Choosing the Right Financial Advisor: Final tips on selecting a financial advisor who truly has your best interests in mind.

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