Consider this
from
a 2004 study by Hewitt Associates:
On
Average, employees had almost 70% of
their total plan in stock based
investments.
Only 16.7% actually reallocated their
fund choices.
What does
this mean?
People with less time
on their investment horizon are holding extremely risky
investments and "letting them ride". If the stock market has
another downturn like 2000-2002, 401K investors will lose a
huge portion of their retirement nest egg. Even if we remain in a
trading range of flat to negative returns similar to 1964-1982 or 2000-2005, investors nearing retirement may
have to continue working longer than expected.
Now, there is a
solution!
At the request of our clients,
we have created 401ok.net. For only $10 per month you get the piece-of-mind knowing that a investment professional is monitoring one of your largest
assets. Please read further and decide for
yourself,
