Question: My company has a long list of investment choices for my 401k. How do I know what to choose?

401kAnswer:  Your 401k is really important money because for most employees the pension plans are gone.  Your 401k is the main account to save for your retirement.  It needs to be nurtured and protected from your first day of work to your retirement day.  When it comes to investment choices, take a look at the index fund options in your plan.  They should be the lowest cost choices and offer returns competitive with the other mutual funds.  Your investment allocation may differ depending upon whether you are just getting started or have worked for years and built up a significant nest egg.  You can be more aggressive in the “getting started” phase.  Guelich Capital offers advice to 401k participants and we have different tracks depending upon where you are in your retirement planning journey.  If you are interested in some guidance regarding your 401k give us a call to discuss how we may be able to help.  540-772-4545

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