401K Tune-up: Do you really want to work 'til 80?

Book excerpt: Hugh W. Connelly is the managing member of Independent Retirement Advisers, LLC (“IR Advisers”), a NJ-based investment adviser. Hugh became very frustrated with the performance in his own 401K plan. He founded IR Advisers to help people better manage their 401K retirement plans. Hugh is a Chartered Financial Analyst (CFA). There are only about 100,000 CFAs in the world. He is also a Certified Fund Specialist (CFS). Hugh is an adjunct professor of fi nance at Strayer University in Philadelphia. Married with three children, Hugh is a British car enthusiast and an avid runner. He has completed over 24 marathons including the marathons in Philadelphia, New York, Boston, Reykjavik, Dublin, Rome and the Athens Marathon in Greece.