Why a 401(k) Will Yield You More Money Than a Pension

[IVE GOTTA PACKAGE 4U]

1 in 5 Boomers are Delaying Retirement Due to Concerns of Recession

About 70% of baby boomers are worried about a potential recession, with 22% planning on delaying their retirement.

www.kiplinger.com

 

[Up In Smoke]

So according to that graph my 401 k should be higher now then when it was 3 or 4 yrs ago and it isn’t….so why?

What are you investing in and how is it managed? A balanced portfolio should produce net growth yearly.

 

[Non liberal]

What are you investing in and how is it managed? A balanced portfolio should produce net growth yearly.

It’s invested in the exact same thing it was invested in 4 yrs ago. And it’s not as high as it was. So again, why? Apparently the market isn’t as good as it was.

 

[IVE GOTTA PACKAGE 4U]

What are you investing in and how is it managed? A balanced portfolio should produce net growth yearly.

That's not true

Stocks and bonds lost big time last year.

 

[Up In Smoke]

That's not true

Stocks and bonds lost big time last year.

Balanced as across all 11 sectors, commodities, treasuries, currencies and alternatives.

 

[IVE GOTTA PACKAGE 4U]

Balanced as across all 11 sectors, commodities, treasuries, currencies and alternatives.

Well our 401k plan does not offer that.

 

[Up In Smoke]

It’s invested in the exact same thing it was invested in 4 yrs ago. And it’s not as high as it was. So again, why? Apparently the market isn’t as good as it was.

Not sure how that can be. The Dow is up 11% plus dividends, the S&P is up 14% plus dividends but the nasdaq is up only 1% since 2021.

 

[Up In Smoke]

Well our 401k plan does not offer that.

Isn't there a self manage brokerage option?

 

[Thebrownblob]

Isn't there a self manage brokerage option?

 

[IVE GOTTA PACKAGE 4U]

Isn't there a self manage brokerage option?

There is a self-managed option but I I have no clue what the limitations are.
The average person that does not have time to this kind of stock market stuff will be investing that kind of stuff.

 

[IVE GOTTA PACKAGE 4U]

View attachment 434340

Is your balance finally over $100?

 

[Over70irregs]

So according to that graph my 401 k should be higher now then when it was 3 or 4 yrs ago and it isn’t….so why?

Here’s your bill.
Now deduct from your 401k. Now it makes more sense.

 

[Up In Smoke]

View attachment 434340

Is that the self manage option?

 

[IVE GOTTA PACKAGE 4U]

View attachment 434339
Here’s your bill.

Come on
Can't anyone post a picture?

@over9five bring out the ban hammer

 

[Thebrownblob]

Is that the self manage option?

Yes

 

[Thebrownblob]

Is your balance finally over $100?

Close
$99

 

[Up In Smoke]

There is a self-managed option but I I have no clue what the limitations are.
The average person that does not have time to this kind of stock market stuff will be investing that kind of stuff.

So most people buy mutual funds?

 

[Up In Smoke]

Yes

Good for you. Take charge of your largest asset. Is there margin trading in the self manage?

 

[IVE GOTTA PACKAGE 4U]

So most people buy mutual funds?

Definitely not as risky as options and currency
Wind the clock back three and a half years
How would you like to bought oil futures for $60 a barrel then they was -7 a barrel in March during the pandemic
That kind of investments do not belong in their 401k
Mutual funds belong to 401K because if a couple companies tank all of your money is not the one stock.

 

[Up In Smoke]

Definitely not as risky as options and currency
Wind the clock back three and a half years
How would you like to bought oil futures for $60 a barrel then they was -7 a barrel in March during the pandemic
That kind of investments do not belong in their 401k
Mutual funds belong to 401K because if a couple companies tank all of your money is not the one stock.

No one who can't take delivery of physical oil is trading futures. ETFs, longs and options on commodities. Unless you have a place to store your purchase.