It’s Friday, and for the last couple of days the market (at least the Dow Jones that most folks are familiar with), has taken a pretty big hit. I’m on a big text messaging chain with about a dozen friends from college, and whenever there’s a week like this, the text chain heats up with …
Author Archives: jakepatrickwright
On Target Date Funds
As much as I hate to delve into politics, in the last decade or so there has been a really cool new trend that makes 401(k) savings much more understandable, especially for those not in the industry. Legislation has moved towards making 401(k) saving less complicated and more streamlined to encourage participation in 401(k) Plans. …
Quick thoughts on employer match
I have some quick thoughts on employer match in your 401(k). Let me start by saying I completely understand that you may not be able to contribute a huge amount to your 401(k). I advocate many times on social media to contribute as much as you can, even if it is only $10.00 per month. …
Rounding Apps…good idea?
I hear a lot about apps on your phone that can round up purchases and take that money and invest it. I have some thoughts on the effectiveness of these apps that I’d like to share…and then you can make up your mind from there as far as the usefulness of them in your own …
To Roth or not to Roth? That should be your first question.
Whenever somebody asks me “so what should I do with my 401(k)?” I always have one answer for them. ROTH. No investment advice, no market-timing, just ROTH. For many people, they have never heard of the term, so let’s start with the basics. A traditional employer sponsored 401(k) Plan (or IRA) is contributed to using …
Continue reading “To Roth or not to Roth? That should be your first question.”
About Me
My name is Jake Wright and I’m a born and raised San Diegan. I’ve spent 7 years in the Wealth Management and Retirement Services world. So many of my contemporaries are very smart people with, honestly, a very poor idea of how to save both for the present and retirement. I wanted to start this …
