Making the decision to start contributing to a 401k plan isn’t easy, but it is a “yes” or “no” question. Once you decide to go with “yes” (which I hope everyone will do), then you have to decide:
- How much to contribute?
- How to invest that money?
In most cases, we know the factors that will impact how much we contribute – our salary, our bills, our spending, etc. Unless you’re very familiar with the stock market, though, deciding on how to invest your contributions (hopefully with an...