this post was submitted on 05 Dec 2023
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If you don't know much about investments, there should be a target date fund that is a mix of stocks and bonds. Pick the date that is closest to your expected retirement date (eg if you're 25 and aiming for retirement at 65 you'll pick the 2065 fund), and invest in that one.
A good thing to ask about is the expense ratio. This is how much the fund will cost you in fees, and can seriously impact your returns. If the fees are 1% or higher then seriously reconsider that fund.
John Oliver did a piece on 401ks a while back that was very informative.
Here is an alternative Piped link(s):
a piece on 401ks
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