Investment Choices That Could Keep You From Saving $1 Million for Retirement

Reporter: Rebecca Lake

Publication: US News


Deadline: Jun 27, 2017 7:00 pm

$1 million is the magic retirement number for many investors but if you’re making the wrong moves with your investment strategy, you may be putting roadblocks in your own way to reaching that goal. 1. How important is asset location vs. asset allocation when you’re targeting a million-dollar retirement? 2. How can under-utilizing tax-advantaged accounts, such as a 401(k) or IRA negatively impact your retirement outlook? 3. How much growth can investors potentially cost themselves by not paying attention to fees or tax efficiency when investing? 4. What’s more dangerous for an investor who wants to save $1 million for retirement, taking on too much risk or not enough? 5. How does being under-diversified affect your portfolio’s performance over the long term?

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