There are so many benefits to rolling your 401(k) into an IRA. But turns out, according to @vanguard, nearly one-third of investors who rolled their 401(k) into an IRA were still sitting in cash seven years later; they never invested their retirement savings! As @mattburklund with @choosevault and @erinkennedytv discuss, these investors are missing out on billions in investment gains!
This problem is most pronounced among investors who've changed jobs and younger investors. While cash has a place in most portfolios, researchers estimate that the long-term benefit of investing in a target date fund (versus staying in cash) upon rollover is equivalent to an increase of at least $130,000 in retirement wealth at age 65.
If you'd like to read the Vanguard white paper, please use the link below. [ Ссылка ]
And, if you have any questions about how to invest or about your individual retirement account, please call Matt at 425-256-3105 or visit www.ChooseVault.com
#TargetDateFund #retirement #retirementsavings #401k #ira #financialadvisor
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