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WSJ Your Money Briefing

This 401(k) Will Provide Specific Investment Advice to Fit Your Life

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 5 February 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

More people are signing up for managed 401(k) accounts that create investment portfolios based on their individual needs. Wall Street Journal reporter Anne Tergesen joins host J.R. Whalen to discuss how they work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Like some kind of Pizza Ninja, Domino's are slicing their prices.

0:05.0

Domino's price slice.

0:07.0

Small pizzas now 8 quid, medium now 10 quid,

0:10.0

and large now 12 quid.

0:12.0

Yet we're making cuts too.

0:14.0

In 11th of February 24, minimum delivery spend charges and areas may apply.

0:18.0

To and see see Domino's dot-co. UK.

0:20.0

Here's your money briefing for Monday, February 5th. I'm J. R. Whelan for the Wall Street Journal.

0:28.0

Most people invest in 401k retirement accounts that allow them to put money away for use later in life.

0:37.0

However, the money isn't invested according to their individual needs.

0:41.0

And a growing number of people are signing up for 401k's that are geared

0:45.1

specifically for them. They're offering to give you more customized advice that's

0:50.1

specifically tailored to you as a person.

0:53.4

So instead of putting you into an age-based portfolio

0:58.2

where the division between stocks and bonds

1:00.4

is just based on one factor, is your age the managed account is

1:04.4

offering to manage your 401k investment. We'll talk to Wall Street Journal

1:09.5

Retirement reporter Ann Turk, after the break. 36,000,000, the number of businesses which have upgraded to the number

1:29.4

one cloud financial system,Suite by Oracle.

1:33.0

25.

1:34.0

NetSuite just turned 25.

1:36.0

That's 25 years of helping businesses streamline their finances

...

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