Participant Insights

Portfolio rebalancing, how to budget your money, what’s an HSA and who needs one? Preparing for retirement is hard. From personal finance basics to retirement planning and everything in between, we’ve got a few ideas to make life a little simpler. Contact MCF with any questions.

Financial Wellness

Retirement Planning: Putting Your Savings Goals Into Perspective

November 5, 2019 Savings

A little bit can go a long way! The tables below show how money invested in your retirement plan can grow over time.

Retirement Readiness - Planning for the First Day of the Rest of Your Life

October 15, 2019 Planning

MUCH HAS BEEN MADE OF THE CURRENT STATE IF THE AMERICAN WORKER as it pertains to their retirement savings. According to a recent study by the General Accountability Office, 29% of Americans 55 and older do not have any retirement savings or pension plan and those who have saved are woefully behind with 55-64 year olds averaging $104,000 in retirement assets.

Finding Extra Dollars

October 1, 2019 Savings

With so many financial responsibilities, you may feel that there isn’t a lot of wiggle room in your budget for increases in retirement savings. Here are a few suggestions to help make it work:

Understanding Market Volatility

September 17, 2019 Investment Basics Planning

Some investors try to “time” the market, or buy and sell based on their guess about what the market will do next. By doing so, they often miss out on the best days. The graph below shows the difference between investors who stayed in the market during volatile periods with those who only briefly left, but missed some of the market’s best upswings.

Borrowing Against Your Retirement: More Costly Than You Think

September 17, 2019 Planning Savings

Participating in the Company's Retirement Plan is a smart and important decision. Smart because you are putting away small amounts today for a comfortable retirement later.

What's an HSA?

August 19, 2019 Investment Basics Savings

Health savings accounts (HSAs) have grown tremendously in popularity over the past few years. You’ve probably heard of them or maybe your employer offers one. This memo will uncover answers to common questions you may have about HSAs.