Aside from the basic things to be thankful for this season, you might want to consider being grateful to have your 401(k) plan.
Because a 401k isn’t tangible, it’s hard to feel like you’re making a difference with your contribution. Even though it’s not something that we can use right away, you should focus your attention on these reasons to be grateful for your 401k.
The 401(k) plan is yours. In totality, the money within the plan is yours! You did that. You are making a nest egg. If your employer matches your 401k contribution, then you have an extra thing to be grateful for.
The choice is yours. Having access to your 401(k) is another reason to be thankful for it. You have the option to choose how much you contribute and invest. You have the choice to invest conservatively to aggressively. We can help you decide how aggressively you can and should invest in your 401k. We have models to show and sometimes just having a conversation will allow you to feel comfortable about your investment choice. You also get to choose how much of your salary will be invested into your 401k. It’s an automatic process that can be setup at any time! You don’t even miss the money!!
The money is accessible. Also, thank your 401(k) plan for being easy to access when an emergency arises! Having access to your money is a game changer. You can move along in life feeler safer about taking risks because you have a back up. Now, we obviously would caution you to ONLY use it IF it’s the last and final option.
Are you ready to take the steps you need to set yourself up for retirement? It’s a great time to start. Just start with a little something and then you’ll begin to feel brave about investing more. Contact us today to talk about your retirement plan.
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