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16 Aug '23
How Much Wealth Should You Have by Age 55?
Continue readingToday, we’re focusing on a pivotal age: wealth at age 55. At this stage of life, you’ve likely been building your financial foundation for decades. It’s important to gauge your progress, compare your wealth, and evaluate your investments to ensure a secure retirement. Let’s dive into what you should have accumulated by age 55, keeping […]
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26 Jul '23
Oracle Employee’s Retirement Investments
Continue readingWhat are Oracle employee’s retirement investments? Oracle offers a 401(k) retirement savings plan for its ~79,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Oracle employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan is a retirement savings […]
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12 Jul '23
Retirement Investments of Dell Employees
Continue readingWhat are Dell Technologies employee’s retirement investments? Dell offers a 401(k) retirement savings plan for its ~63,000 participants. Employees can choose to contribute a portion of their income to the plan. But which investments do Dell employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan is a retirement […]
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28 Jun '23
How IBM Employees Invest for Retirement
Continue readingHow do employees at IBM choose to invest for retirement? IBM offers a 401(k) retirement savings plan (the IBM 401(k) Plus Plan) for its ~167,000 participants. Employees can choose to contribute a portion of their income to the plan. But which investments do IBM employees pick as retirement investments? What is a 401(k) Retirement […]
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14 Jun '23
How Salesforce Employees Invest for Retirement
Continue readingHow do tech workers at Salesforce choose to invest for retirement? Salesforce offers a 401(k) retirement savings plan for its ~50,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Salesforce employees pick as retirement investments? A 401(k) retirement savings plan is a type of defined […]
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24 May '23
How Tesla Employees Invest for Retirement
Continue readingTelsa offers a 401(k) retirement savings plan for its 60,000+ employees. Employees can choose to contribute a portion of their pre-tax or after-tax income to the plan. But how do Tesla employees invest for retirement? A 401(k) retirement savings plan is a type of defined contribution plan. The Tesla plan allows for matching contributions, but […]
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27 Apr '23
10 Finance Numbers to Know
Continue readingTen finance numbers to know as you navigate the complex world of personal finance. Understanding key numbers can be crucial to making informed decisions and securing your financial future. From retirement savings to credit scores, here are ten important finance numbers to know. 10% Fraction of your income to save for retirement throughout your […]
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20 Apr '23
Tech 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 '23
Retire 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 '23
How 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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02 Dec '22
Amazon 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 […]