Wed, 26 Dec 2012
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These plans offer investors many benefits in saving for retirement, but they also have their drawbacks.
Morningstar's David Blanchett examines how aversion to save while younger, fear of loss, performance-chasing, and high ownership in employer stock are problematic areas for retirement accumulators.
The 401 ( k ) is really a thrift plan that we've tried to redesign into a retirement plan, and it needs to change, says the Vanguard founder.
Morningstar's director of personal finance offers tips for tidying up old 401 ( k )s, sweeping out stray investments, and taking stock of company stock.
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