This may be the biggest financial mistake millennials are making
May 26, 2017
Director of Retirement Consulting Services, Paula Hendrickson, and ERISA Consultant, Eileen Shaw, write for Marketwatch.com, a part of the Wall Street Journal’s digital network, about how millennials are ruining their future finances with 401(k) distributions.
While it may seem appealing to take a 401(k) distribution rather than rollover a 401(k) when millennials change jobs, millennials can lose significant amounts of money by missing out on the power of compound growth.
Newsletter Sign Up
Insights
Week in Review: August 21, 2026
Recap & Commentary Markets ended the week lower, weighed down by rising interest rates, particularly at the long end of […]
Learn more
How Your Wealth Strategy Should Evolve as Your Life Changes
For many successful individuals and families, wealth begins with a goal: building a business, advancing a career, creating financial security, […]
Learn more
Why High-Net-Worth Families Need a Different Kind of Banking Relationship
As wealth grows more complex, banking becomes about more than transactions. It becomes about preserving, protecting, and passing on what you’ve built. Mos
Learn more
Women’s Wealth Collective
Women are shaping and directing significant wealth. Their influence reaches across businesses, families, philanthropy, governance, community leadership, and the decisions […]
Learn more
Week in Review: August 14, 2026
Recap & Commentary Markets ended a relatively quiet week modestly higher, with the S&P 500 notching a new record […]
Learn more


