AboutBruce Julien Expertise I can answer questions on and raise issues clients overlook in the areas of Estate Planning as far as taxes and distribution flow problems, Asset Management as far as appropriateness of assets and allocations for a desired goal and the value a consumer gets for their costs, Tax Planning related to Income and Estates, and Insurance/Annuity questions particularly in light of suitability to the consumer.
Experience I became a CPA in 1991 and began offering financial advice in 1992. I am a Registered Investment Advisor which means I sign off on putting clients' interests first in a fiduciary role.
Education/Credentials BA in Accounting, University of Maryland 1990
Question I have yet to invest in my 401(k). I have been reluctant due to lack of knowledge and a fear of losing my money. With the recent economy, my worst fears were realized making me even more 401(k) shy. Are there alternatives to using a 401(k) that are more beneficial? If a 401(k) is the best method (yes my company does match) then is there a way to pull out the money I have earned every 5 years or so and place it in a different account so that if the market does start to do poorly I am only losing money accumulated for 5 years and not money from 15 years?
Answer Invest please Kristy
There should be many options to invest in within the plan, one should suit your personality and needs. You can pull the money out only when you leave the company. Where would you put it anyway, that couldn't be copied in the 401k?
See a fee based planner to allay your fears. Pay for a quick education so you can invest for your future; if you don't invest you would be sorry later
