"The tailwind of the bull market is gone, so your savings rate will be the engine that propels your 401 (k)," says Walter Updegrave.
Given the havoc the market has wreaked on your 401 (k) over the past years, you may be wondering what you might have done differently to stay in better shape for retirement, Updegrave added.
No doubt there's room for improvement in all of these areas. But if you're many years from calling it a career, there's another issue that you need to consider: finding ways to stash more money into your retirement account. That's why, you need to save more.
No comments:
Post a Comment