Page 27 - 401ks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Might be most vulnerable or concerned about that? >> i think where people get caught the most is they end up, in a year like this, in a stock market run that we've had for almost five years now, to the tune of 150%-plus, a lot of investors tend to get overweighted in stocks, and it makes sense because that's what's been growing the fastest. so, i want to make sure investors don't ignore some of the safer areas of the market in their 401(k)s. >> those closer to retirement age, for instance. who is really going to be paying more attention here? >> right, who's vulnerable? if you are 60 to 65 and...

Make sure the shorter the term, realize the risk and do you have the stomach to take volatility right now? hope that helps. >> all right. joanne tweets: we have funds in 401ks, how do we best use the money and when it is really available to us? >> i took some of your text ear -- if with get money out of a 401k. i caution you not taking money all of the watt of a 4 other 1k. instead roll the money over that prevents you from paying a big check to uncle sam. roll it over, invest in long term and keep in mind if you can convert some of that down the road to a roth ayre ira, that money can grow ta...

Good job. they get laid off. they take an early retirement package. their skill set really doesn't put them in a place -- typically they don't write source code. i don't even know what that l k looks like. >> what is it, is that computer? >> something along those lines. my kids know. the reality is that age group typically hard working, good jobs, good salaries, adding to society tax revenue, social security revenue, all a sudden, they can't find a job. they can't find a job either at all or at their skill level. so they either have to come down, they're serving at mcdonald's which they don't ...

Watching their 401(k)s. there have been king-size inflows, a tidal wave of cash and ets. exchange rate of funds, $277 billion worth. that's the most for one year since 2000. we've still got two months to go this year, so it shows you that investors believe in their rally and putting their money where their mouths is. the other big story, the fed, ben bernanke and his team wrapping up another two-day meeting. no changes in the stimulus that's helping to keep interest rates low. there might be choose about future fed thinking. the fed might acknowledge a weak job market. and that might mean an...

We haven't thankfully had a market problem like that so far. there are probably some people who think we need some sort of urgency like that, but for people's 401ks, nobody is rooting for economic failure here, but at the end of the day, you're certainly right, that if there's some sort of economic shock like that and the markets say, wait a second, we thought they were going to too something 11th hour, the 11th hour is pretty close and they're not doing anything. we could have a market correction like that. you see the dow down 100 points. no where near where we saw in 2008 during the t.a.r.p...