Around 45% of workers contribute to some kind of workplace retirement plan, such as a 401(k), according to the Pension Rights Center (1).
For many people, finding money to put into a retirement account can be a struggle, but it’s important, because you’ll need this money to live on later
Imagine, though, that you work hard to invest for retirement and then just forget about the money. That happens way more often than you’d think, with Capitalize (2) reporting that around 31.9 million 401(k) accounts have been left behind at former jobs. Those accounts have $2.1 trillion in them, which is a lot of money.
Must Read – Prime US real estate was a rich person’s game — then something changed. Now everyday Americans are getting a piece of the action for as little as $100 – Millionaires under 43 are reshaping investing — just 25% of their portfolios are in stocks. Here’s where their money is going – Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’ So, what happens if some of it is yours?