When and How to Adjust Your 401(k) Allocations

In this episode, Richard Warner of Warner Financial Solutions discusses common mistakes people make with their 401(k) plans and the importance of understanding and managing your investments. He emphasizes the need to educate yourself about the funds you're investing in and the internal costs associated with them. Richard also highlights the limitations of 401(k) plans and the benefits of exploring other investment options, such as IRAs. He advises listeners to regularly review and adjust their retirement portfolios to ensure they align with their goals and risk tolerance.

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