Episode notes
In this episode, we delve into how your 401(k) can continue to grow post-retirement through:
- Investment Performance: Your investments in stocks, bonds, and mutual funds can still generate returns. If the market performs well, your account balance may increase even without additional contributions.
- Reinvestment of Dividends: Many plans automatically reinvest dividends and interest, allowing your wealth to compound over time.
- Interest and Capital Gains: Fixed-income investments like bonds continue to earn interest, and capital gains from asset sales can boost your account.
- Employer Contributions: If you're working part-time or on a contract and your employer allows it, they might keep contributing to your 401(k).
However, growth isn't ...
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