The Cost of The 4 Big 401K Mistakes

In a previous post, we talked about avoiding The 4 big mistakes in your 401(k).  This webinar will try to illustrate how much those errors could cost you over time.  

Webinar: The Cost of The Big 401K Mistakes

Important Information about These Illustrations

All of these examples are not actual investments.  Any rates of return shown are not guaranteed.  Past performance does not predict future results.  Your real life results could be better or worse than shown.  

Mistake 1: Failing to Maximize Your Employer Match

Cost of 4 big 401k mistakes

Mistake 2: Not Saving Enough

Mistake 3: Not Pursuing Growth

Mistake 4: Withdrawing Money From Your 401K

These Mistakes Can Cost You Thousands of Dollars

Given enough time, making these mistakes can cost you thousands of dollars.  Unfortunately, we still see people making these mistakes over and over.  Are you taking the right steps? If you aren’t sure, talk to a trusted advisor.  They can point you in the right direction and show you how to make improvements.  

If you happen to be looking for an advisor, we would love the opportunity to schedule a call. Just click the button to contact us.

 

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Financial Planning

About the Author

Neal Watson is a Certified Financial Planner™ Professional and a Financial Advisor with Fleming Watson Financial Advisors  He typically works with people who are planning for retirement.  Fleming Watson is a Registered Investment Advisory firm located in Marietta Ohio.  Our firm primarily serves Marietta, Parkersburg, Williamstown, St. Marys, Belpre, Vienna and the surrounding communities in Washington and Noble Counties in Ohio and Wood and Pleasants county in West Virginia.

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