Welcome to the initial post of 401kmonthly.com! I was recently reading a book about morning routines written by Hal Elrod, where he quoted statistics from the Social Security Administration. The author states that if you were to follow 100 workers throughout the next 40 years of their working careers until retirement:

• Only 1 will be wealthy,
• 4 will be financially secure,
• 5 will continue working, not because they want to, but because they must,
• 36 will be dead,
• 54 will be broke and dependent on friends, family and the govt.

This is a pretty dismal breakdown and a sad commentary on the state of the American citizen. The goal of 401kmonthly.com is to help ensure that our readers are well prepared for their ‘next 40 years’ and have the best possible results in their financial lives.

There are three segments of our site which are designed to be of great value to the reader are: The Plan, The Blog, and The Newsletter.

The Plan: This section contains digital resources to help you master the financial side of life. The goal is to have the core material posted by July, with new additions monthly.

The Blog: This section contains the ever evolving conversation about your financial life, investments, and all things necessary to take you where you want to go. You will have the ability to search historical posts for information relevant to you and your goals.

The Newsletter: For most Americans, their primary investment vehicle is their company’s 401(k) plan. The Newsletter is a monthly publication to help you expertly manage your primary investment vehicle, which may be a 401(k) or one of the various types of IRA’s (SEP, SIMPLE, Traditional, Roth) that are available.