Timothy Sumer

If you don’t know how to read a 401(k) statement, much less understand it, then you want to keep watching. Subscribe to our channel: Click here to book a complimentary 15-minute call with us: Visit our site: Click to Enroll Today here: We’re breaking down why it’s vital to your retirement future that you look at your statement, but also how to read and understand the information presented. Why You Need to Open and Read Your 401(k) Statements Many investors approach their 401(k)s with a set-it-and-forget-it strategy. This is not advisable as 401(k)s are often people’s largest asset come retirement. If you don’t pay attention to how your 401(k) is performing, understand what you’re paying in fees, or rebalance at least quarterly, you are not in control of your financial future. Here’s a breakdown of the 3 reasons you want to make it a point to open and read your 401(k) statements: You get to see how your 401(k) is performing. You understand what you are paying i