by 2k3Mach
My 401k is down over 22% year to date. The market has not been that bad year to date and is only down 7.87%. Why are we pushed/forced into 401k’s for retirement where we don’t have control of our own money and only allowed to buy certain “funds”? My TDAmeritrade private trading acct has an avg rate of return at 26% per year and that’s not trading consistently, not researching stocks all day, not having insider info…
This is an “Empower Retirement” 401k plan, it used to be Mass Mutual. Oh, by the way – 10% of my acct is in a guaranteed 3% cash acct.
Rate of Return
This Period -18.13%
Year-to-Date -22.38%
Has anyone else looked at their 401k statement lately?
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