Reported 26 days ago
If you've just started a job with a 401(k) plan, experts recommend contributing at least enough to receive your employer's full match, typically around 6% of your salary. For beginners, investing in a target date fund is advised for a diversified, long-term strategy. If you have some investment experience, consider ETFs, like one tracking the S&P 500 and another for bonds. Additionally, setting up automatic yearly increases in your contribution can further enhance your retirement savings.
Source: YAHOO