Saving for retirement is tough, but it's more important than ever to have a robust nest egg. The average worker expects to need around $1.8 million to retire comfortably, according to a 2023 survey from Charles Schwab, and some people could need even more.

Contributing to a 401(k) is one of the simplest and most accessible ways to save, and in some cases, it can be your best option. But it won't be right for everyone, and there are a few reasons you might want to avoid this type of account.

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Source Fool.com