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Saving for Retirement in a 401(k)? 3 Costly Mistakes You Could Be Making.

These blunders could leave you with less money for your senior years.

Saving for Retirement in a 401(k)? 3 Costly Mistakes You Could Be Making.

Saving for Retirement in a 401(k)? 3 Costly Mistakes You Could Be Making.

Published June 15, 2026 · Category: Finance

Overview

When it comes to saving for retirement, there's perhaps no easier tool to use than the 401(k). With a 401(k), your contributions are deducted from your paychecks automatically.

That means you won't be tempted to spend the money you're supposed to be socking away for retirement on other things. Rather, that money will disappear from your net pay before you get a chance to use it elsewhere.

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Originally published at www.fool.com.

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