Detail Getting Back to Even isn't Good Enough   Oleh:  Wang, Penelope Jenis: Article from Bulletin/Magazine Dalam koleksi: Fortune vol. 160 no. 11 (Dec. 2009), page 52. Topik: Stocks; 401(k); Investment; Asset Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: FF16.42 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel With stocks up more than 60% since hitting bottom last March, the red ink is finally fading on the typical 401(k) account. Yes, it's safe to look at your statement again: Balances for boomers who have worked 10 to 20 years at the same company are now down less than 3% on average, compared with pre-crash levels; younger employees and 45- to 64-year-olds with less tenure are solidly back in the black. That's a stunning turnaround from the 25% or more losses of last spring. So what if some of that lost ground was made up with new contributions and employer matches? Getting back to even, or pretty darn close, still feels like a major victory. Don't bask in self-congratulations too long, though. Fact is, you have to do a whole lot better than merely recovering your losses to get your 401(k) on a winning track. "Most people were two or more years behind on their savings even before the crash," says Alicia Munnell, director of the Center for Retirement Research at Boston College. "The market rebound has put their balances back closer to where they were, but not to where they need to be." Getting to that goal may seem daunting, but recent developments in the 401(k) world should make the challenge easier to meet. Many plans have improved their investment options, allowing you to better protect your portfolio against market mayhem. They've also added tools that make it easier to rein in costs and adjust your asset mix as financial conditions change. Just as important, the lessons learned from the experience of the past 18 months -- especially the way most investors handled the downturn -- suggest new strategies going forward that can help you manage your 401(k) more profitably. To move beyond square one, follow these four steps. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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