Most people are unaware of the available strategies on how to withdraw from a 401(k), 457(b), 403(b), TSP, IRA and not pay the penalty if you want to retire before age 59 1/2.
"You'd like to be able to look at one 2015 target-date fund versus another, but it's not like comparing two large-cap funds," Stempien said.
"They can be much more aggressive or conservative relative to their peers, depending on how they are structured." Some financial advisors also argue that target-date funds, in addition to being difficult to evaluate, are inherently too generic to meet the needs of individual investors.
If you find yourself short on cash, you might be tempted to cash in on some of your investments.
But before you make that decision, it can be helpful to weigh the pros and cons that come with liquidating each type of investment. Here you’ll find a wide range of helpful information, interactive tools, practical strategies, and more — all designed to help you increase your financial literacy and reach your financial goals.
Whether you’re a first-time buyer or not, you can find great loan programs out there that accept a lower down payment without having to pay mortgage insurance.