Most 401(k) Savers May Be Short-Changing Themselves, Data Shows
You could risk ending up sorely unhappy with your returns.
Most 401(k) Savers May Be Short-Changing Themselves, Data Shows
Overview
You might think that finding the money to contribute to your 401(k) is the hardest part of saving for retirement. But choosing the right investments can also be challenging.
For this reason, many 401(k) savers take the easy way out and let their money land in a target date fund. A good 61% of 401(k) plan participants, in fact, had their money in a target date fund last year, according to Vanguard's preview of its latest How America Saves report.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
