The 401(k) Misstep That Could Delay Your Retirement by Decades

Making just a few missteps with your 401(k) account could mean the difference between retiring on schedule and delaying your retirement by a number of years.

An overly conservative investment allocation could leave gains on the table. With many Americans looking for security, risk-free assets often feel like the best option.

Even the 4-5% return enjoyed by savers isn't as generous when it comes to real terms. High inflation diminishes the effectiveness of such rates.

Hiring a financial adviser could help ensure you're not overly conservative in your investments, ultimately positioning you better for retirement goals.

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