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Author: ahawks

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Categorized as 401(k) Mistakes, Rebalancing, Retirement Mistakes

What to Do with Your 401(k) during Market Volatility

Watching your 401(k) account dip during a market downturn can feel like a punch to the gut.  We understand it’s stressful. It’s emotional.  And if you’re like most people, your first instinct might be to hit the panic button. But here’s the truth: Panicking is the worst thing you can do when it comes to… Continue reading What to Do with Your 401(k) during Market Volatility

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Categorized as Retirement Savings, Retirement Tips

Pre-Retiree Confidence Is Declining: How to Prepare Now

We feel retirement planning has never been more important, yet confidence in a secure financial future is shrinking. A March 2025 Fidelity Investments® State of Retirement Planning study reveals that while 7 in 10 of those currently in retirement feel stable, confidence in retirement outlook among pre-retirees has dropped by 7 percentage points from last… Continue reading Pre-Retiree Confidence Is Declining: How to Prepare Now

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Categorized as Financial Health, Retirement Savings

One Move That May Improve Your 401(k) Returns in 2025

If you’re looking to improve your 401(k) performance in 2025, there is an often-overlooked strategy that may help.  It’s called rebalancing. And failing to rebalance your portfolio could mean losing more than necessary in down markets or not maximizing gains in strong ones. Yet, many 401(k) investors often fail to rebalance, and, in doing so,… Continue reading One Move That May Improve Your 401(k) Returns in 2025

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Categorized as Financial Health, Retirement Savings

Worried about the Market? Here’s What You Need to Know

When markets drop, it can be easy to panic.  But history shows that staying invested through downturns can often be the smartest move. In this special market update, we break down what’s happening right now – and why sometimes doing nothing may be the best strategy. What’s Going on in the Market We’re seeing corrective… Continue reading Worried about the Market? Here’s What You Need to Know

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Categorized as Retirement Savings, Retirement Tips

Think Social Security Will Cover Retirement? Think Again.

Many Americans mistakenly believe Social Security will be enough to fund their retirement – but reality paints a different picture.  Consider the most recent cost of living adjustment. The 2025 Social Security COLA increase is just 2.5%.¹ This minimal increase means “retired workers’ Social Security checks will grow by around $48 a month, going from… Continue reading Think Social Security Will Cover Retirement? Think Again.

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Categorized as 401(k) Mistakes, Retirement Mistakes, Retirement Savings

401(k) Mistakes to Avoid in Your 40s and 50s

Your 40s and 50s are often the prime years for building wealth, but too many people may make avoidable mistakes with their 401(k)s – mistakes that could cost them in retirement.  Whether it’s not saving enough, ignoring market shifts, or borrowing from your future, these missteps can add up fast.  The good news?  It’s normally… Continue reading 401(k) Mistakes to Avoid in Your 40s and 50s

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Categorized as 401(k) Mistakes, Financial Health, Retirement Tips

How to Avoid 401(k) Withdrawal Penalties

401(k) plans are designed to help in retirement, but if you don’t follow the rules, you may find yourself facing 401(k) withdrawal penalties. This is because the purpose of a 401(k) plan is to provide money following retirement from employment – not function as a general savings account. If you are unaware of 401(k) withdrawal… Continue reading How to Avoid 401(k) Withdrawal Penalties

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Categorized as Financial Health

How a 401(k) Loan Could Derail Your Retirement Goals

It is becoming more popular to take a 401(k) loan.  A December 2023 report found “more retirement savers have taken loans from their 401(k) accounts over the past year, suggesting that U.S. households are borrowing more readily as they feel the pinch of inflation.”¹ David Blanchett, a certified financial planner and head of retirement research… Continue reading How a 401(k) Loan Could Derail Your Retirement Goals