3 Reasons Your 401(k) Growth Is Stalling
Saving for retirement in a 401(k) is one of the smartest moves you can make. That's because Social Security most likely won't provide enough income for you to live on.
The monthly benefit you collect from Social Security will probably replace about 40% of your former paycheck, assuming you're an average earner. But chances are, you'll need a lot more money than that to keep up with your bills as a retiree, and also, enjoy the freedom that comes with not having a job to report to.
But while socking funds away in a 401(k) plan is a great way to accumulate wealth for your future, you may find that you're not seeing the amount of growth in your retirement account that you'd like. If that's the case, these could be some of the reasons why.
Source Fool.com
