Money

4 Reasons to Invest for Retirement Outside Your Company’s 401k

Reason #2: Your 401k Has Lousy Investment Options

With a 401k plan, you might be limited to 15 or 20 investment options. If some of these funds are top performers and have low fees, you have a good plan. If not, you can do better by opening a Traditional IRA or Roth IRA where you can literally choose from thousands of stocks, mutual funds, and ETFs with better a performance history and lower fees.

Disclosure: The information provided by The Financial Genie is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. The Financial Genie does not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Additionally, some of the organizations with products on our site may pay us a referral fee or affiliate commission when you click to apply for those products.

  • Categories

  • Leave a Comment