The trick to a bigger 401(k) is to get in when you start your career and save consistently over time. Together, the market and your contributions will drive the growth.
Key Takeaways:
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Take advantage of employer matching
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Avoid taking out a 401(k) loan if you can
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Consider your investment options, it may not be the best idea to have your savings sitting in cash
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Rollover any old 401(k) into your current employer’s 401(k)
Read more: http://www.forbes.com/sites/ashleaebeling/2016/11/03/the-trick-to-a-bigger-401k/#4b8957c96144 |