savings

Loss Aversion and Fighting Fear
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Loss aversion sounds like a good thing — trying to avoid losing. What could be wrong with that? Unfortunately, if taken too far, it can actually be a threat to retirement plan participants’ long-term financial health. Loss aversion is the tendency to prefer avoiding potential losses over acquiring equal gains. We dislike losing $20 more  Read More →
Biggest Retirement Saving Mistakes to Avoid at Each Life Stage
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
According to Northwestern Mutual’s 2018 Planning & Progress Study, a shocking 21 percent of Americans have nothing at all saved for the future, and 78 percent say they are extremely or somewhat concerned about not having enough set aside for retirement. Everyone’s path to retirement is different, but there are general rules that can help  Read More →
Financial Lessons from Your Favorite Flicks: Grab the Popcorn!
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
With Oscar’s season upon us, many make it a point to indulge in the year’s top movies. When you pay a visit to the movie theater or curl up on the couch to see that much-awaited flick, you’re probably looking for 90 minutes of uninterrupted entertainment, not a lesson in personal finance. But whether you’re  Read More →

You are now leaving Summit Group 401(k) Consulting

Summit Group 401(k) Consulting provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Summit Group 401(k) Consulting, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL