7 Ways to Fix a Flawed 401(k) Strategy

Sep 25th, 2019

Workplace retirement plan investments ballooned in the last decade. The average 401(k) balance increased by more than 450% between 2009 and 2019, according to Fidelity Investments. Meanwhile, the average 401(k) return reflects the stock market volatility of recent years. Vanguard’s How America Saves 2019 report found that the median 2018 return was a 6.5% loss, owing chiefly to the uneven stock performance that characterized much of 2018. The average five-year return notched 5.2%. A flawed 401(k) strategy can dampen a retirement outlook, but it’s not too late to fix it. Here are seven tips for making the most of investment opportunities inside an employer-sponsored plan.

Read more: 7 Ways to Fix a Flawed 401(k) Strategy

Investments are subject to risk, including the loss of principal. Some investments are not suitable for all investors, and there is no guarantee that any investing goal will be met. Past performance is no guarantee of future results. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the mutual fund, can be obtained from your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

Eli Lilly newsletter

Helpful financial information and tips delivered straight to your inbox.

  • This field is for validation purposes and should be left unchanged.