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Retirement Quick Tips with Ashley


Apr 29, 2019

The theme for this week is how to pick the right investments in your 401k. Investing in your 401k can be complicated. There are a lot of decisions to make - how much of your paycheck should you save in your 401k? Should you invest in the Roth option, just the traditional 401k, or both? How should you balance saving for retirement with other financial priorities, like paying your mortgage or paying for your kids’ college? And that’s even before you get to the 3 dozen different investment options that you’ll likely have to choose from in your 401k plan.

That last one is the topic I want to focus on this week - how to pick the investment strategy and the individual investments that are the right fit for you in your 401k plan.

I love this topic, it’s one I deal with often, because my background is in 401k consulting. I have a number of 401k plans that I work with, where I design the investment menus, and then I help the employees of those plans sort through the various decisions to make the right one for their unique situation.

So this week, I’m bringing that experience working with hundreds of employees in the 401k plans I consult with to help you make smart decisions about your 401k investment strategy.

My hope is that you’ll come away from this week’s tips better informed, and better able to make confident decisions about picking the right investment options in your own 401k plan.

That’s it for today. Thanks for listening! Tomorrow we’re going to dive in by talking about when you should just pick a target-date retirement fund and call it good.

My name is Ashley Micciche...and this is the One Minute Retirement Tip.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance, wealth management, 401k, 401k plan, Roth 401k, 401k investing, 401k investment strategy, smart 401k investing