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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

I’ve ignored most of them, successfully to this point. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA. What YOU need in YOUR asset allocation model may well be very different from their generic recommendations. Stocks were cheap.

Money 170
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What Can Go Wrong – Naming a Beneficiary

Prairie Eco-Thrifter

Being the smart person you are, you you sign up for a 401K with company matching and do the right thing by starting to pump as much into it as possible. In 5 years – you’ve married and had a baby, but your 401k still goes to Mom and Dad when you die. Grandchildren inherit but can’t get use of the money.