A 401K is a great tool to help us reach our maximum potential when it comes to retirement savings. It’s important to adjust your 401K each year, both the amount (or percentage of income) you are contributing, and the type of individual funds or investing products to which you are contributing.
Do this today: Make a positive adjustment to your 401K contribution percentage. If you’re currently contributing 5% bump it to 7%. Why contribute more? You’ll save more on current year taxes, and more importantly, you’ll have more retirement income stashed away.
