The 401(k) That Fixes Itself

Digg posting: “New research shows signs that a recent addition to some 401(k) plans — known as “managed accounts” — can provide a significant boost to workers’ retirement savings. These programs are based on computer models that automatically manage portfolios tailored to match an investor’s age and appetite for risk.”

Great article for anyone that has a 401K or is thinking about getting one. There is a lot more than just putting money into 401K. Your investment mix should match how close you are to retirement as well as other factors. 401Ks are now starting to get “smarter” about managing your investment for your particular needs.

read more | digg story



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