Have there been changes to your 401(k) plan at work? Do you fully understand what’s happening with them? Tom walks through an example of 401(k) changes at IBM and helps viewers understand what exactly is going on in this episode of the Mullooly Asset Show.
Here’s what I’ve been reading this morning:
- If you ask people on the street if they think inflation is a good thing, they’ll likely say no. Most people want prices to go back to pre-pandemic levels, but they don’t fully understand what that would take to get there. Ben walks through the difference between inflation, disinflation, and deflation.
- Last week a video clip of Dave Ramsey went viral. He was suggesting a withdrawal rate in retirement as high as 8% is safe. But is it? Nick breaks down the numbers behind his claims, and takes a look at how viable it really is.
- Catching up on Nick’s latest posts, Nick writes about potential downsides to diversifying your portfolio. You often hear about the benefits and reasons why you SHOULD diversify, but hardly hear about the shortcomings.
- Do YOU remember what happened in Q2 of 2019? No? Well, you’re not alone. Joe writes about how in hindsight, things rarely seem as important as they are when we’re living through it.