I’ll say it again. A 401k is a terrible retirement plan. It’s way too unpredictable.
Not all, just like RSP plans here in Canada, many employers allow you to go the self-directed 401K or RSP route allowing you to invest in whatever equities, or ETFS you please which means you can also go the bond route , tbill, cash, etc. Risk is completely determined by your own hand at that point.
That and, even if you're putting some fee eating mutual funds, where else are you getting that initial 100% on the dollar investment return immediately via an employer match. Is there some statistic out there that indicates that the average 401K fee negates that initial 100% gain you receive via a dollar for dollar match?
This post was edited by SBD on Jul 28 2025 07:39am