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3 Reasons Keeping All of Your Retirement Savings in a 401(k) Is a Huge Mistake

These plans may be convenient and offer certain perks, but over-relying on them could cost you.

3 Reasons Keeping All of Your Retirement Savings in a 401(k) Is a Huge Mistake

Published July 21, 2026 · Category: Finance

Overview

There's a reason so many people like saving for retirement in a 401(k) plan. It's easy to contribute to, since the money comes right out of your paycheck, and there's often an employer match to sweeten the deal.

While a 401(k) could be a good home for some of your retirement savings, you probably don't want to keep all of your money in a 401(k). Here's why.

Image source: Getty Images.

Details

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Originally published at www.fool.com.

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