Are You Making Any Of These 401(k) Mistakes?

Saving in your 401K can be an easy and painless way to build your retirement savings. But are you making the most of yours? Listen in as Mark breaks down the common pitfalls many people fall into with their 401(k) plans in today’s episode.

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Saving in your 401K can be an easy and painless way to build your retirement savings. But are you making the most of yours? Listen in as Mark breaks down the common pitfalls many people fall into with their 401(k) plans in today’s episode.

From leaving funds in a former employer’s 401(k) plan to assuming that your fees and costs are minimal, Mark will show you some important areas to look out for. As your circumstances change throughout your life, it’s critical to have a knowledgeable advisor by your side who can help you identify risks and keep you on track. Don’t miss this insightful advice to optimize your 401(k)!

Here’s some of what we discuss in this episode:

  • Leaving money invested in a former employer’s 401k plan
  • Failing to rebalance often enough
  • Sticking all of your money in a target date fund
  • Assuming that your fees and costs are minimal since you don’t see them on your statement

 

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