Most 401(k) investors don’t know what they want.
And after 25+ years of advising them, I can tell you why.
Back in 1999, I noticed something strange.
Clients kept asking me:
“I need to improve my 401(k) mutual fund decisions.”
So I started making some calculations.
The cost of owning the wrong 401(k) mutual fund.
A lagging 401(k) mutual fund in a strong stock market.
A leading 401(k) mutual fund in a weak stock market.
Result:
I produced “The Cost of the Problem.”
The number always stopped individual 401(k) investors cold.
Because it wasn’t theory.
It was real 401(k) dollars lost by owning the wrong funds.
Lesson:
You can’t fix a 401(k) mutual fund problem you can’t see.
Individual 401(k) investors don’t have the tools to see it.
I help my individual 401(k) investment advice clients.
Define the mutual fund problem and calculate the financial cost.
When you know how much your problem costs.
It’s easy to decide to spend the money to fix it.
Or not.
Want to know the cost of your bad 401(k) mutual funds?
P.S. One “Cost of the Problem” calculation can change how you see your 401(k).
