401(k) fixes for all age groupsBy Sandra Block, USA TODAY ...That's what happened to Kate Jacobus, 24, a marketing associate for Intimacy Bra Fit Stylists in Atlanta. She started investing in her employer's 401(k) plan in July 2008. Her portfolio has since risen more than 17%. When you're young, she says, "There's nowhere to go but up." Young workers should invest from 70% to 100% of their 401(k) plans in stock funds, says Dean Kohmann, vice president, 401(k) plan services for Charles Schwab, a financial services firm. For a "moderately aggressive" young investor, he recommends investing 45% in large-company stocks, 15% in small-company stocks, 20% in international funds, 15% in bonds and 5% in a money market or stable value fund. Read the entire article here
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