3 Drawbacks of Using Only a 401(k) for Retirement

·4-min read
3 Drawbacks of Using Only a 401(k) for Retirement

The workplace retirement account has advantages, such as employer-funded contributions and tax-deferred investment earnings. Depending on your situation, a 401(k) on its own might not fully support your retirement savings goals. To help you decide if you should save and invest outside of your 401(k), here is a closer look at three drawbacks of using only a 401(k) for retirement.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting