💨 Abstract

To achieve retirement success, start by regularly contributing to your 401(k) plan. Aim for contributing 10-15% of your pretax income. Choosing investments in your 401(k) doesn't have to be overwhelming; the following strategies can help: opt for target-date funds for a hands-off approach, target-risk mutual funds for a bit more control, or a simplified DIY portfolio using the three-fund method.

Courtesy: WTOP Staff