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3 Better Ways to Save for Retirement Than a 401(k)


If you get an employer match for contributing, socking away enough money in your 401(k) to maximize your match should be your first investing priority. Once you get beyond that point, though, many 401(k) plans have limited choices and high fees that make them less-than-ideal places to invest your money.

If you have no 401(k) or are stuck with a plan like that and maxing out your match isn't enough to get you to a financially comfortable retirement on the timeline you'd like, you can invest money elsewhere. These three approaches are better ways to save for retirement than socking away too much money in a high-cost, limited-choice 401(k).

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Source Fool.com


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