Help with My 401(k)

Getting help

   Advice matters when saving for your retirement. According to a study done, people who sought help managing their 401(k) enjoyed a median annual return almost 3% higher than those who didn’t—even after fees they paid for that advice.*

The study found that people who didn’t get help suffered from several mistakes: Inappropriate risk levels, inefficient portfolios, and they misunderstood market volatility.

*According to the study of eight large 401(k) plans with more than 723,000 participants and $55 billion in assets, by Aon Hewitt, a consulting firm, and Financial Engines, an investment advisory firm. Past performance does not guarantee future results. 

9 Common 401(k) Mistakes

1.  Not Signing up

2.  Not taking full advantage of company match

3.  Taking to much risk

4.  Not taking enough risk

5.  Not understanding whether you should be contributing Pretax or Roth 401(k)

6.  Looking at last years winners and then investing

7.  Cashing it out when leave the company

8.  Leaving it behind at your old company

9.  Not understanding the investment choices you have

Many 401k participants just utilize the default investment choice in their plan or use a Target Date Fund. When planning for your retirement, do you want an investment strategy that is designed for the “Average Participant” or do you want a strategy that is designed for you.

Does your 401(k) plan offer a Self-Directed Brokerage account (SDBA) ? This option is offered in many 401(k) plans, but most participants do not know it is available. This allows you to invest outside of the standard menu of investment choices. The SDBA gives me the opportunity to help you.

I  can help you create a strategy that is designed for you to meet your goals and objectives.  I will coordinate this strategy to include all your assets.  This will give you more confidence in  reaching your financial goals. 

Let's work together to better understand your 401(k)

If you would like to maximize your 401(k) plan, click the button below and I will contact you.

Milestone Advisory Group, LLC

1720 Retriever Lane

Washington, IL 61571

ph 309.360.9890

f    800.877.9890

Milestone Advisory Group, LLC a Registered Investment Advisor in the state of IL.  

*Insurance products and services offered by John Antrobus as a sole proprietor.

The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of IL or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. 

All written content on this site is for information purposes only. Opinions expressed herein are solely those of Milestone Advisory Group, LLC and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.

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