Listen "Statistics on Saving and Investing"
Episode Synopsis
What’s typical when it comes to saving and investing? We review a report to get the most recent statistics on things like using target date funds and making use of a Roth 401(k). How do you compare?
and get additional financial resources here: https://wp.me/paIiUZ-gU
What we discuss on the show:
0:29 - Nathan shares about his latest catch.
1:50 - A recent study shows the majority of people use target date funds in their 401(k).
3:30 - What is a market cap weighted fund?
6:08 - Should you be using a Roth 401(k)?
7:53 - Should you be holding more or less company stock?
10:25 - Is it logical to take a hardship withdrawal from a 401(k) if needed?
and get additional financial resources here: https://wp.me/paIiUZ-gU
What we discuss on the show:
0:29 - Nathan shares about his latest catch.
1:50 - A recent study shows the majority of people use target date funds in their 401(k).
3:30 - What is a market cap weighted fund?
6:08 - Should you be using a Roth 401(k)?
7:53 - Should you be holding more or less company stock?
10:25 - Is it logical to take a hardship withdrawal from a 401(k) if needed?
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