After 40 years in 401(k)s, how are boomers doing?

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With 401(k) plans turning 40 years old, a Schwab Retirement Services survey finds that a majority of boomers feel their own 401(k) plans are in better shape than ever.In fact, 75% of boomer respondents believe that, and just 16% say they expect to work during retirement because they think they’ll need the money. Contrary to numerous headlines, 40% of this confident crew plans to work in some way during retirement because they want to, while 25% say they don’t plan to work at all.They also feel pretty good about the prospect in that close to three quarters say they’ll have a better quality of life in retirement than their parents — 78% also think it’ll be better than that of their juniors, too.But that doesn’t mean that everyone feels prepared. Not only do 36% of respondents not know how much they need to save for retirement, 25% aren’t sure about the percentage that needs to go into their 401(k)s. And 20% don’t know how to get the money out of their plans once it goes in.last_img read more

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#Donkomi: Kwabena Owusu moves to Cordoba CF on loan

first_imgGhana striker, Kwabena Owusu, has joined Spanish Segunda B side, Cordoba CF on a season long loan.Owusu, 22, joins from La Liga outfit Leganes, where is under contract until 2022.Owusu spent the 2018/2019 season at Salamanca in the Spanish 3rd tier where he scored 10 goals in 25 appearances.His performances earned him a call up to the Ghana national team at the 2019 Africa Cup of Nations in Egypt.He’s also a member of the Ghana U-23 national team.last_img

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