March 13, 2015

When reviewing your investments in your retirement plan at work, what should be your primary focus? Why?

3 thoughts on “March 13, 2015”

  1. Elizabeth Barske says:

    Your primary focus when reviewing your retirement plan at work should be on the expense ratio of each option provided because it is important to be aware of the cost to you. You don’t want to be paying more than you have to for the same investments.

  2. Garrett Haag says:

    You should focus on the expense ratios that the funds have. There is no reason for a retirement account to have fees above .1% at institutional levels. You should also look for index funds that will get you the lowest costs on those. You need to know what your buying in too. Avoid annuities that are in the retirement accounts. Try to have your retirement account at work balance with the rest of you portfolio while your at it.

  3. Mike Finley says:

    Well said. Let’s review.

    (1) Focus on costs as you start to identify the options you have in your plan at work.

    (2) You want to see funds with an expense ratio below.2%. That will steer you toward index funds, which have consistently beat managed funds over time.

    (3) If those options are not available, raise some hell with your plan administrators and get them available! You deserve low cost options. Demand it!

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