Comment on Why Investors Need to Be More Proactive With 401(k) Allocations

Why Investors Need to Be More Proactive With 401(k) Allocations

NEW YORK (MainStreet) -- Investors need to be more proactive and reallocate their retirement portfolio to mirror the changes in their life. A recent TIAA CREF survey found that 25% of workers have never made changes to how their money is invested and an additional 28% have not made changes to how their money is invested in more than one year. This strategy changes drastically with younger investors. Millennials were significantly more likely to have changed how their money was invested in the past year with 59% who did so compared to those 35 years or older with only 42% who participated.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News