April 2014 - Dave Life

In 401(k), Boomers, Entrepreneurship, Indexed Annuities, Indexed Universal Life Insurance, Qualified Plans, Retirement Planning, Seniors, Young Professionals

Posted April 15, 2014

Market Losses are Tough to Recover

“Rule #1 Never Lose Money. Rule #2 Never Forget Rule #1.” – Warren Buffett Since 2000 the S&P 500® has had two years of declines greater than 20%[1]. In fact going back to 1900, history [...]

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By DaveLife

In 401(k), Boomers, Indexed Universal Life Insurance, Retirement Planning, Young Professionals

Posted April 7, 2014

Prepare to Pay a Penalty to Get Out of a 401(k) Early

In 2010 alone, Americans paid $5.8 Billion in penalties for early withdrawals from qualified plans according to IRS numbers Qualified Plans (like 401(k)s and IRAs) were designed to facilitate [...]

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