Financial experts, Harris Nydick and Greg Makowski, want to help you take the guesswork out of your 401(k). They’ve written a new book, Common Financial Sense, and it’s packed full of great hacks and tips from two experts who know a lot about investing in a 401(k). Their mission to help educate you and provide some solid (and no-nonsense) tips to get your finances fired up.
Book Review: “Common Financial Sense” is Required Reading for Retirement Savers. We know that the average employee struggles with saving for retirement. They perceive it as this big, scary, impossible thing, when really, all it takes is a series of simple steps, repeated and compounded over time, to achieve their savings goals.
Nearly half of Americans have less than $10,000 saved for retirement. With so many companies providing support to their employees through 401(k) plans and matching, we should be doing better. However, saving and investment is not something we are taught. As we like to say, common financial sense is pretty uncommon.
In our book, Common Financial Sense, we explain exactly how to make the most of your 401(k) to fund the retirement you deserve. Here are the top 10 tips you need to invest responsibly and save enough for your retirement.
“Project X” hosted by Brandon Steiner is a web-based live Q&A television series that provides aspiring entrepreneurs answers to their questions about marketing, PR and the overall success of their business, as well as investment opportunities from Brandon Steiner, Founder and CEO of Steiner Sports, and his many celebrity guests.
“It depends on the individual needs of the employee and the quality of the plan,” says Harris Nydick co-founder of CFS Investment Advisory Services in Totowa, N.J., and author of Common Financial Sense, Simple Strategies for Successful 401(k) and 403(b) Retirement Plan Investing.
Harris and Greg were featured on Charlie Hoehn’s Author Hour podcast, to discuss Common Financial Sense and how listeners can better manage their 401(k) investments.
Harris and Greg were guests on Chuck Jaffe’s Money Life podcast on April 30th, 2018.
“We’re usually saying that if you’re 50 or older, you’re probably going to get what you think you’re going to get,” assuming that expectation is in line with how the system currently works, says Harris Nydick, a founding partner of CFS Investment Advisory Services of Totowa, N.J. and coauthor of the new book, Common Financial Sense. “But,” he adds, “we tell them you’ve got to monitor it, especially if you’re younger.”
Harris Nydick, managing partner at CFS Investment Advisory Services in Totowa, New Jersey, and co-author of the just-released book “Common Financial Sense: Simple Strategies for Successful 401(k) & 403(b) Retirement Plan Investing,” noted that he gives seminars all the time to employees who are mostly tuned out to messages that could help them improve their investment results.
Harris Nydick, founding partner at CFS Investment Advisory Services, a retirement adviser, said many clients had “made a lot of money with Bill Gross” over Mr Nydick’s 34-year career.