25% of 401k Holders Raid Their Retirement Fund!

Jar filled with pennies, nickles, dimes, and dollar bills, labeled 401k.
Photo Attribution: takeasmartstep.com

According to HelloWallet and their most recent study about 401k contributions, over 25% of those using a 401k “break” the 401k and borrow from it before retiring. This “fact” received wide attention. But buried deeper in the report was the really mind-blowing data.  “As of 2010, about 40 percent of households included a worker with access to a defined contribution program and 79 percent of those actively participated in it…” Continue reading “25% of 401k Holders Raid Their Retirement Fund!”

Dollar General Expansion: Opening Over 630 Stores in 2013!

Dollar General logoDollar General projected that it will open over 630 new stores and relocate over 500 other stores as they cross the 11,000 store count level. We have partnered with them for the past 10 years and have been thrilled with their aggressive and laser focused growth. Walmart’s addition of new SKU is going to challenge them, but our bet is that both will succeed as they eat market share from the traditional slotting fee blinded grocery and drug channels of business. Continue reading “Dollar General Expansion: Opening Over 630 Stores in 2013!”