The Importance of Active Investment in Your 401(k) for Future Financial Security
Monday, 18 March 2024, 14:00
The Hidden Risks of Failing to Invest in Your 401(k) Account
Keeping your 401(k) in cash could cause you to lose out big time. Workers are often encouraged to save for retirement to avoid relying solely on Social Security.
Active Investment Is Key
- Choose investments rather than leaving money in cash
- Target date funds may not be the best option
- Consider index funds for cost-effective choices
Make informed decisions to secure your financial future and maximize your retirement savings.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.