Some advice on what to do with your retirement in lean times from Forbes.
If you’ve lost your job–and the 401(k) plan that went along with it–you may be tempted to put your retirement contributions on hold for awhile. But you shouldn’t. Stop saving for even a few months and it can be tough to get back into the habit, and it can be even tougher to make up for the lost contributions. “Even when you get a new job, it’s easy to tell yourself you can’t afford to contribute right away, or to contribute much, and then you’ll really fall behind,” says certified financial planner Annie McQuilken, founder of Kintyre Financial Advisors in Lexington, Mass. – From Forbes
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.