Icons by: Alberto Miranda, ES (Grandfather); Gregor Črešnar (Personal Finance); Guilherme Simoes, BR (Hipster)
Icons by: Alberto Miranda, ES (Grandfather); Gregor Črešnar
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10 Key Numbers to Know About 401(k)s

Sep 08, 2016

Your company 401(k) plan is probably the centerpiece of your retirement saving—you are saving for retirement, right?—and if you’ve been putting money away for a while it might also be your single biggest financial asset.

So clearly, you want to be diligent about making the most of your plan, by directing your dollars to an appropriate mix of low-cost investments. Putting in enough of your pay to provide for later life is critical too, and the good news is that boosting your 401(k) contribution might take a smaller bite out of your paycheck than you think.

Here are 10 key numbers you should know about 401(k)s and that might help point you in the right direction for funding the retirement you want.

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