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401(k) plans were ‘never designed to be the retirement plan for America’

The title of this article is taken directly from an article on yahoo Finance.  Here at Henderson and Floyd we have been preaching this very thing for more than a decade, please notice earlier articles here, here and here.  One the point of…
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More Sellers Than Buyers?

Quick answer this question:  What happens to the price of something if there are more sellers than buyers? I know that was a simple question, but I wanted to have that as a foundation for this post. Several years ago I read the book;…
tax bag 401k
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Your 401k Has Been Taxed 50% & You Didn’t Even Know It

Imagine you hear a politician proposing an immediate 50% tax on the income from your 401k? The proposal stipulated that tax has to be paid now, regardless of where you are in the retirement process. What would be your response? Once you…
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401(k)’s: The Truth Behind the Holy Grail of Savings Plans

  By Jason I. Henderson, Ph.D. To suggest that the 401(k) is not a good vehicle for retirement savings takes a fair amount of courage, considering the intensely fractious response such a statement garners from a lengthy list of “expert”…
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The Truth Behind the Holy Grail of Savings Plans

To suggest that the 401(k) is not a good vehicle for retirement savings takes a fair amount of courage, considering the intensely fractious response such a statement garners from a lengthy list of “expert” financial advisors. Knight Kiplinger…