Are you making the most of your 401(k)? | personal finances

Are you making the most of your 401(k)?  |  personal finances

Most savers have different 401(k) funds they can choose to invest in. Chances are, your plan contains a mix of actively managed mutual funds and passively managed index funds. 3. Am I avoiding needlessly high fees?

Now you generally can’t buy individual stocks in a 401(k). But you can invest in different funds with a stock-focused strategy. There’s risk involved in putting your savings into stocks, since they’ve historically been far more volatile than bonds. But if you want to enjoy strong returns in your 401(k), then stocks are the way to go.

The 8% return we used in the preceding example is a few percentage points below the stock market’s historical average. If you stick mostly to bonds in your retirement plan, the return you get may be closer to 3% or 4%, which won’t result in nearly as much growth. 2. Am I investing aggressively enough?

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