Most individual 401(k) participants I talk to are frustrated now.
If you want to preserve your 401(k) principal now, you need to do this:
Solve your 401(k) problem.
The same one you very likely don’t know you have.
What exactly is that 401(k) problem?
You own the wrong 401(k) mutual funds now.
I don’t know how many.
In my 42 years of investment advice.
I’d say you own at least two or three wrong 401(k) mutual funds.
Which ones?
You don’t’ have the tools to figure it out on your own.
Or the time. Or the experience.
The easy solution is independent, third-party, fiduciary advice.
Not affiliated with your 401(k) sponsor (your company).
Not affiliated with your 401(k) provider (Fidelity, Schwab, Empower, etc.).
The same mutual fund analysis tools used by institutions.
Why should you think about improving your 401(k) mutual fund choices?
It costs too much 401(k) money not to solve.
Bad 401(k) mutual fund go down more in falling stock markets.
Bad 401(k) mutual fund don’t go up as much in rising stock markets.
Your 401(k) losses on both ends!
Even more important now:
Many of your 401(k) mutual funds are at huge stock market risk now.
With no “stop loss” in place.
A dollar amount or percentage of loss.
When you “doing something” in your 401(k) account.
The simple 401(k) account questions today is:
“Are you finally ready to end your 401(k) frustrations?”
P.S. If your current 401(k) balance is in the six figures, you deserve this.
