3 Mutual Funds Perfect for Your 401(k)

Your 401(k) retirement plan is all about investing in your future. That means a few different things as far as choosing the mutual funds in which to invest.

First, you want to consider your time horizon. If you have a long horizon, that means that you have years to weather the market's ups and downs. Second, you want to set it and forget it -- that is, you want funds that produce consistent, long-term returns that aren't prone to wild swings, especially if you're closer to retirement. Third, you want a portfolio of diversified funds that perform differently in various market environments to smooth out your overall returns.

Here are three mutual funds that will help you accomplish these objectives.

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Source Fool.com