Your 401K is a Critical Piece of Your Retirement Planning Puzzle

401Ks have become a critical part of the American worker’s retirement planning. Unfortunately, your 401K may not be currently headed in the right direction for your successful retirement plans.  This is much too important a piece to be left to chance since your 401K is typically the largest asset you have outside of your primary residence.

Research shows only a small number of people who participate in 401K plans actually make any investment allocation changes beyond what they originally designated when they signed up for the plan. A study by the National Bureau of Economic Research found that as many as half of plan participants who had been in a 401(k) for more than two years were still holding their default fund choice in their plan.

As a result of not making fund changes or not knowing what changes to make, your 401K investment returns could end up falling far short of the potential they could be earning for your retirement. Furthermore, you need to know how your current savings level in your plan integrates with the rest of your retirement goals. We can help with answers to your 401K questions.