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Pros And Cons Of Target Date Funds

If you have a 401(k), chances are you’re invested in a target date fund. A total of $1.1 trillion is invested in target date funds, which are a simple solution for hands-off retirement savers. Financial professional Mike Kojonen talked with WCCO-TV about the pros and cons of target date funds.

Click here to analyze and compare target date funds.

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How to Maximize Social Security Benefits

The future of Social Security is weighing on the minds of many. People are beginning to worry the government program won’t be around when they retire.

Financial professional Mike Kojonen talked with WCCO-TV about the strategies you need to plan for retirement.

How to Maximize Social Security Benefits

  • Timing is Everything
  • Estimate your future benefit amount here
  • Uncle Sam Pays Alimony

Not associated with or endorsed by the Social Security Administration or any other government agency.

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4 Tips to Boost Your Balance

Who wants to be a millionaire?! Probably all of us! A record number of people have $1 million saved in their 401(k)s. If you want to join the millionaire’s club, it won’t happen overnight. However, there are things we can all do to increase our savings and reach that goal. Financial professional Mike Kojonen stopped by KARE to share four tips to boost your balance.

  1. Collect the Company Match
  2.  Automate Contributions
  3. Avoid Penalties
  4. Resist the Urge to Splurge

Click here for a 401(k) calculator