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19 Apr '24How Do Microsoft Employees Invest for Retirement? Updated
Continue readingIn unraveling the investment tapestry of Microsoft employees’ retirement portfolios, the Department of Labor (DoL) furnishes crucial insights through the annual filings of Form 5500 by 401(k) plan sponsors, offering a panoramic view into the investment choices shaping their financial futures. Deciphering the Investment Landscape Shares in Microsoft stock (MSFT) stand as a cornerstone […]
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12 Apr '24When is the Best Time to Sell Your RSUs?
Continue readingMany employees in the technology sector are granted Restricted Stock Units (RSUs) as a form of equity compensation. Whether received as a one-time hiring incentive, recognition for outstanding performance, or part of an annual compensation package, RSUs prompt the crucial question: When should you sell them? Understanding Restricted Stock Units (RSUs) A Restricted Stock […]
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05 Apr '24Your Retirement Number
Continue readingThe term “retirement number” refers to the idea that there’s a single savings amount that guarantees a comfortable retirement. It’s often thrown around as a target, but there are a few key things to understand about it: It’s not one-size-fits-all: Your ideal retirement savings depend on your lifestyle, desired retirement age, location, and even health […]
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29 Mar '24How Much Wealth Should You Have by Age 50?
Continue readingAt age 50, individuals stand at a significant crossroads in their financial journey, with many starting to actively consider retirement. Assessing your wealth at age 50 is critical for securing a comfortable future. Let’s embark on this exploration of financial fortitude, guided by the wisdom of a couple of expert sources and some thoughts from […]
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22 Mar '24Shiller PE – Market Overvalued?
Continue readingThe Shiller PE helps you assess if the U.S. stock market is fairly valued. The S&P 500 index stands at around 5,220 having already increased by nearly 10% this year. So, is the market overvalued? Over the past 20 years, the Shiller PE has averaged a reading of about 26. Today, the ratio stands at […]
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19 Feb '24Teen Stock Trading – Fidelity Youth Account
Continue readingFidelity Youth is an app designed for teens aged 13 to 17 to learn about managing money through a teen-owned brokerage account. Here’s a breakdown of its features: Account ownership: The account belongs entirely to the teen, giving them control over saving, spending, and investing decisions. Features: Investing: Teens can invest a portion of their […]
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24 Jan '24Small Business 401(k) Plans – Guide and Providers
Continue readingA bit of a detour today to discuss small business 401(k) plans. Wealth45 generally focuses on employees of large technology companies. But thought a dive into the world of small business might be of interest. When it comes to 401(k) plans, the playing field shifts between small businesses and tech giants. Smaller companies, limited by […]
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17 Jan '24Navigating the 401(k) Questions Maze: Your Complete Guide
Continue readingNavigating the world of 401(k) questions can be a complex yet crucial aspect of financial planning. Employees often have various questions about these retirement accounts, and Wealth45.com is here to provide answers. Long-term retirement investments are vital financial resources that support you throughout your life. What is a 401(k) plan, and why is it called […]
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10 Jan '24Cisco Employee Retirement Investments
Continue readingCisco Systems, a networking technology leader boasting about 85,000 employees, offers a robust 401(k) retirement savings plan. This plan empowers Cisco employees to contribute a portion of their income towards a secure future, but the crucial question remains: what investments do these savvy individuals choose to fuel their retirement dreams? We will get to that, […]
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03 Jan '24How to Retire with $10 Million
Continue readingHow realistic is it for a new college graduate to retire with $10 million? Turns out, a million dollars isn’t what it used to be. The movie “How to Marry a Millionaire” was released back in 1953. It seems at that time—70+ years ago—being a millionaire was the epitome of financial success. Yet today, instead […]
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20 Dec '23Found Money – Finding a “Lost” 401(k) Account
Continue readingFinding a lost (or forgotten or old or misplaced) 401(k) account can be an unexpected windfall. According to Schwab: “Those born between 1957 and 1964 held an average of 12.4 jobs before the age of 54, according to the Bureau of Labor Statistics. The more accounts you acquire, the more challenging it is to keep […]
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06 Dec '23BofA Employee Retirement Investments
Continue readingBank of America, a financial powerhouse boasting over 260,000 employees, offers a robust 401(k) retirement savings plan. This plan empowers Bank of America employees to contribute a portion of their income towards a secure future, but the crucial question remains: what investments do these savvy individuals choose to fuel their retirement dreams? We will get […]
