Is My 401(k) Any Good?

Most people overthink their 401(k). Turns out, three questions tell you everything you need to know and one of them takes 30 seconds to check.

You don’t need to analyze 47 fund options.

Three questions. That’s all you need..

One: Does your employer match? Contribute at least that much.

Two: Are your fees under 0.5% per year?

Three: Are you diversified across stocks and bonds?

That’s 90%of what matters.

This week: Find your 401(k) fee disclosure. It’s required by law. Check the number. Under half a percent? You’re good.

Financial planning. One thing at a time.