When I think of going back to school, the only image that comes to mind is the scene from the movie Ferris Bueller’s Day Off, when Ben Stein plays the economics teacher. During his monotone lesson, he tries to elicit a response from his class by pausing every few sentences asking if “Anyone? Anyone? Anyone?” has the answer. It pains me to make this correlation to retirement planning, but alas, I must. Why? Because today we are talking about 401(k)s again. Anyone? Anyone? Anyone? Know why?
Because they are the most common retirement savings vehicle and one that we often put into cruise control during our working years. Tune in today and figure out how to speed up your savings!