By far, the biggest enemy to your 401(k) mutual fund picks.
A ‘set it and forget it’ approach.
That includes owning the worst 401(k) mutual fund options.
The key 401(k) investment management element is clear.
Knowing what’s inside your 401(k) mutual funds.
Why is choosing the right fund so confusing?
• The average 401(k) plan offers about 22 different mutual fund options.
• These mutual funds come from different mutual fund companies.
• About one-half of all 401(k) mutual funds are affiliated with the 401(k) provider.
These facts fall into the “no surprise” category.
Lower-ranked 401(k) mutual funds carry higher annual costs.
Lower-ranked 401(k) mutual funds deliver lagging annual investment returns.
Translation?
You are paying more for lower 401(k) mutual fund investment returns.
You are taking all the risk associated with 401(k) stock market investing.
You are not receiving the 401(k) investment returns you deserve.
So how do you fix this?
You have two choices:
1. Spend hours digging through a mutual fund prospectuses to decode costs.
2. Get independent, fiduciary-level, customized 401(k) mutual fund investment advice.
401(k) advice helps you:
• Identify which 401(k) mutual funds will work in your favor.
• Avoid the worst mutual funds offered in your 401(k).
• Finally answer your “what to buy” 401(k) investment management question.
Ready find 401(k) mutual funds that serve your interests first?
P.S. Your 401(k) should be customized to you, not guessing “what to buy.”
