Why Is Your 401(k) In Trouble? Because You Don’t Have Time To Read This Post
Our lives are as busy as ever. Family, school activities, committees, church, associations…oh, and that job thing too. These are the days of never really “disconnecting” with laptops, netbooks and smart phones constantly keeping us informed and “connected.”
Additionally, the multitude of responsibilities on our plate continues to increase. Your 401(k)? Yeah, that’s one of them. Lack of time is the #1 response people give us when they sign up for our BeManaged or BeAdvised service.
Scenario: It’s 8:30pm on a Sunday evening, the kids are down, and you have a little time to do research and analyze your 401(k) funds and portfolio. Are you going to do research or watch the NFC Championship?
While most people have good intentions, life definitely can get in the way. Understanding this is why employers are increasingly offering advice to their employees so they can focus on their work and life, and leave investment management to the professionals.