46% of Workers Don't Know What Investments Are in Their 401(k)s. That's a Problem.
You may have heard by now that Social Security will most likely not provide you with enough income to live comfortably -- especially given the potential for benefit cuts. That's why it's so important to save for retirement on your own. And if you have access to a 401(k) plan through your employer, the process of saving for your senior years becomes even easier.
The great thing about 401(k)s is that contributions are made via automatic payroll deductions. So you don't have to think about when to put money into your retirement plan -- it'll just happen.
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Source Fool.com
