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What is an orphan 401(k)? Don't leave your money behind! Plus, how to account for inflation in retirement
Manage episode 437969624 series 3561332
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As people change jobs time and again, they may have previous retirement savings accounts that get left behind, sidelined, or simply forgotten about. Chris Hoffman discusses the need for active portfolio management and why it is critical to take charge of those accounts in order to make sure they continue working as we save for retirement. He discusses some of the available options to handle these accounts and take action.
Chris also discusses the effects of inflation in the present and future and how the Hoffman Financial Group factors the inflation rate into their clients' individual plans, as well as the importance of having a distribution plan and tax strategies in your comprehensive financial plan.
Visit UnleashYourMoney.com and sign up for your complimentary 401(k) X-Ray. Call 404-341-6767 to schedule your time to speak with the Hoffman Financial Group.
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Chris also discusses the effects of inflation in the present and future and how the Hoffman Financial Group factors the inflation rate into their clients' individual plans, as well as the importance of having a distribution plan and tax strategies in your comprehensive financial plan.
Visit UnleashYourMoney.com and sign up for your complimentary 401(k) X-Ray. Call 404-341-6767 to schedule your time to speak with the Hoffman Financial Group.
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