National 401(k) Day — 11 September

Retirement is the time in one’s life when, ideally, you reap the fruits of years of labor and relax in the shade of your nest egg. National 401(k) day, every Friday after Labor day  (September 11 in 2020), encourages sponsors to offer information and communication about ways to save for retirement.  But for more than 30 million Americans, the dream of retirement may be just that — a dream.

Changes in technology mean that following our parents (or grandparents’) example of sticking with one employer for twenty years or more to get a gold watch as a reward for those years of service is a relic of the past.  Now more than ever before, it’s critical to have  a viable plan for your post-work years — including a strong 401 (k)plan.