EPISODE · Oct 15, 2020 · 15 MIN
Statistics on Saving and Investing
from The Financial Answer with Nathan O’Bryant · host Nathan O' Bryant
What’s typical when it comes to saving and investing? We review a report to get the most recent statistics on things like using target date funds and making use of a Roth 401(k). How do you compare? Read more and get additional financial resources here: https://wp.me/paIiUZ-gU What we discuss on the show: 0:29 - Nathan shares about his latest catch. 1:50 - A recent study shows the majority of people use target date funds in their 401(k). 3:30 - What is a market cap weighted fund? 6:08 - Should you be using a Roth 401(k)? 7:53 - Should you be holding more or less company stock? 10:25 - Is it logical to take a hardship withdrawal from a 401(k) if needed?
What this episode covers
What’s typical when it comes to saving and investing? We review a report to get the most recent statistics on things like using target date funds and making use of a Roth 401(k). How do you compare? Read more and get additional financial resources here: https://wp.me/paIiUZ-gU What we discuss on the show: 0:29 - Nathan shares about his latest catch. 1:50 - A recent study shows the majority of people use target date funds in their 401(k). 3:30 - What is a market cap weighted fund? 6:08 - Should you be using a Roth 401(k)? 7:53 - Should you be holding more or less company stock? 10:25 - Is it logical to take a hardship withdrawal from a 401(k) if needed?
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Statistics on Saving and Investing
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