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20 Apr '23Tech Layoffs – What About My 401(k)? Rollover?
Continue readingA 401(k) rollover might be the right decision after a layoff, but not always. Layoffs at big tech companies have become commonplace lately. If you are caught up in a downsizing, among many challenges, you have a decision your retirement account. Most 401(k) plans allow you to keep your account at your former employer. Or […]
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15 Mar '23Retire Early, Financial Independence
Continue readingThe tech industry is well-known for offering high-paying jobs, but not everyone in these positions manages to build wealth or achieve financial independence. As high earning employees in the technology industry, it is possible to use the principles of fatFIRE to create wealth and achieve financial independence so that they can retire early. What is […]
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07 Mar '23How Google Employees Invest for Retirement
Continue readingGoogle offers a 401(k) retirement savings plan for its employees, which is a type of defined contribution plan. Employees can choose to contribute a portion of their pre-tax or after-tax income to the plan, and Google matches a percentage of those contributions, up to a certain amount. Form 5500 lists the investments Google 401(k) plan […]
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10 Feb '23Dividend Investing & Living off Dividend Income
Continue readingInvesting in stocks that pay dividends (dividend investing) can be a great way to earn passive income. With a well-diversified portfolio of dividend stocks, an investor can create a steady stream of income to support their retirement or add to current income. In this article, we will explore the concept of dividend investing, its benefits, […]
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02 Dec '22Amazon Employees Retirement Investments – Revisited
Continue readingRetirement investments of Amazon employees brought to us by their annual Department of Labor (DoL) filings. Form 5500 lists which investments Amazon 401(k) plan participants have selected for their retirement funds—giving us insight into how Amazon.com employees choose to invest for retirement. So what do Amazon employees invest in? Perhaps not surprisingly, the Company Stock […]
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11 Oct '22Retirement Spending
Continue readingAre you saving enough for retirement? Can your investments support your retirement spending desires? These are difficult questions to answer. It boils down to how much money you need in retirement to maintain an acceptable lifestyle. Unless you are close to retiring, you likely don’t have a good grasp of your retirement spending needs. How […]
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07 Oct '22Compounding Investment Returns
Continue readingThe stock market is down significantly this year with many tech companies losing over 30%. Against this dismal backdrop, compounding returns and adding to your investment portfolio may not be top-of-mind. Yet it behooves you to keep in mind that U.S. equity markets historically return about 10% per year on average over the long term. […]
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16 Sep '22Fat FIRE for Tech Workers
Continue readingFor software engineers, coders, hackers and developers working at successful tech firms, the prospect of early retirement may be appealing, but for many, the lifestyle choices required of the FIRE movement are not worth it. For many high-earning tech workers, retiring before the traditional mid-60s retirement age is the plan, but with an elevated standard […]
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19 Aug '22What Do Apple Employees Invest In?
Continue readingAt least for their company sponsored retirement plan, we have the data to answer this question thanks to the Department of Labor (DoL). 401(k) plan sponsors are required to file Form 5500 with the DoL every year. Form 5500 lists which investments Apple 401(k) plan participants have selected for their retirement funds—giving us insight into […]
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12 Aug '22How Do Microsoft Employees Invest for Retirement?
Continue readingWe have data to answer this question thanks to the Department of Labor (DoL). 401(k) plan sponsors are required to file Form 5500 with the DoL every year. Form 5500 lists which investments Microsoft 401(k) plan participants have selected for their retirement funds—giving us insight into how Microsoft employees choose to invest for retirement. So, what […]
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13 Mar '22Live the FIRE Movement
Continue readingThe FIRE movement is about Financial Independence, Retire Early (FIRE). Generate enough “income” from your investments to cover your expenses, so you no longer needing to work to pay your expenses (all prior to traditional retirement age). The core principals include: Dramatically reduce expenses Save aggressively and funnel savings into investments Accumulate enough assets to […]
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10 Oct '21
How Do Amazon Employees Invest For Retirement?
Continue readingThanks to the Department of Labor (DoL), we have data to answer this question. 401(k) plan sponsors are required to file Form 5500 with the DoL every year. Along with other information, Form 5500 lists which investments Amazon 401(k) plan participants have selected for their retirement funds—giving us insight into how Amazon.com employees choose to […]
