Forget Your 401(k) Balance. Here's the Number That Really Matters.
It's important to look beyond the number you see on your screen.
Overview
When you're in the process of saving for retirement, it's natural to keep tabs on your 401(k) balance. Once retirement gets closer, you may start to fixate on the number you see on the screen, whether it's $500,000, $1 million, or more.
When you look at that number, you might take comfort in the fact that it's pretty large. But your 401(k) balance doesn't tell the whole story.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.