They can quickly build retirement portfolios — but require vigilance and the right asset allocation. Our analysis considers the ideal stock/bond proportions
Investing for retirement can be problematic for professionals in partnerships or other types of closely held firms. Yes, that includes lawyers in law firms. These individuals tend to spend their early careers focused on building their business. By the time they're ready to start saving money for retirement, standard retirement savings vehicles such as 401(k) plans can shelter only a small portion of their income. The rest is subject to taxes, often in the highest brackets. Cash balance ...
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