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What’s in Your Next 401(k) Statement May Be a Wake Up Call

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Manage episode 334109220 series 3249725
Content provided by Louis Grant and Pam Krueger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Louis Grant and Pam Krueger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you truly know how long the money you’ve saving in your 401(k) will last during your retirement? In this episode, Terry, Richard and Pam discuss the benefits and potential flaws of a new federal rule that will require retirement plans to start providing lifetime income statements that show much monthly income their account could generate if they started taking qualified withdrawals at age 67. For some, these statements will provide assurances that their nest egg will support their lifestyle during retirement. For others, they’ll will be a wake-up call that they need to get their retirement savings plan back on track.

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 334109220 series 3249725
Content provided by Louis Grant and Pam Krueger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Louis Grant and Pam Krueger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you truly know how long the money you’ve saving in your 401(k) will last during your retirement? In this episode, Terry, Richard and Pam discuss the benefits and potential flaws of a new federal rule that will require retirement plans to start providing lifetime income statements that show much monthly income their account could generate if they started taking qualified withdrawals at age 67. For some, these statements will provide assurances that their nest egg will support their lifestyle during retirement. For others, they’ll will be a wake-up call that they need to get their retirement savings plan back on track.

  continue reading

100 episodes

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