Although I wasn't as experienced with personal finance as I am now, I still saw the plan as a raw deal for the employees.Sometimes even the best investment option in a retirement plan isn't very good. But if you're still living with whatever the company decided you should be invested in, or if you followed your company's automatic guidance based on your risk profile, as I did when working in the financial industry, chances are you'll either be retiring with less money in your nest egg or you'll be waiting longer to retire.
Check Your 401(k) Fees: Invest In Index Mutual Funds
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts