Truth 27. What to do if you don’t like your 401(k) choices

Making the choice to contribute to a 401(k) account for your retirement is a relatively easy decision. But once you have made that decision, the harder question becomes where to allocate your 401(k) dollars.

If you invest too conservatively in money market funds and bond funds, you’re liable to shortchange yourself as to the growth you need for a secure retirement. On the other hand, if you are too aggressive in your investment strategy (or lack of one), you can find yourself taking too much risk of losing money as you chase after the elusive best place to get the most bang for your bucks.

Fortunately, there are formulas you can use to determine a proper asset allocation ...

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