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You and Your 401(k)

June 15th, 2007 at 04:53 pm

I had to fill in at my hometown library today so while I was there I scouted out their books on personal finance, naturally. I spotted one, You and Your 401(k), by Julie Jason that looked interesting.

I've commented to my husband that we needed to look into his 401(k) and figure out why it doesn't seem to be gaining much ground. He's had it since the mid 90s and has been contributing up to what the company will match most of that time, but it just doesn't seem to be doing much. Neither of us know anything about how to pick what funds to invest in, so we just took a friend's advice years ago and really haven't done anything else to it.

On the other hand, I've only had my IRA for not even 2 years and it's already worth 1/4 of what his 401(k) is worth.

So I thought this book might be a big help to us so that we are more informed. I will report back in on what I've learned from it.

1 Responses to “You and Your 401(k)”

  1. homebody Says:

    My husband's business just started a 401K, I will be interested to hear what you learn.

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