Being an individual 401(k)advisor is not what you might think.
It’s not about trying to be the smartest person in the room.
Or trying to be a “new best friend.”
Not even pushing a product to sell.
It’s about specific 401(k) mutual fund solutions.
That fit your default 401(k) mutual fund menu.
Most 401(k) investors stick with default mutual fund choices.
Like target-date funds.
Without realizing they’re often suboptimal for risk, cost, or performance.
Economic and stock market conditions change.
So should the mutual funds you own in your 401(k).
A mutual fund that performed well the last few years.
May be poorly positioned for the next stock market downturn.
Your great 401(k) stock market returns are in the past.
Focus on managing your 401(k) mutual fund stock market risk going forward.
When was the last time you reviewed your current 401(k) mutual funds?
To make sure those mutual funds reflect today’s stock market environment.
Interested in a large dose of 401(k) investment management confidence?
It starts with a comment below. Or send me a secure LinkedIn DM.
P.S. You really can improve your 401(k) mutual fund choices.
