Archive for January 2009
How do you calculate rate of return on a 401(k)?
bshaddeau asked:
I contribute at regular intervals to my 401(k). I receive statements each month that shows my gain/loss. How do you calculate the actual rate of return on a 401(k)?
I contribute at regular intervals to my 401(k). I receive statements each month that shows my gain/loss. How do you calculate the actual rate of return on a 401(k)?
What exactly does “lock in your losses’ in a 401 mean?
tennis asked:
I have lost 50% of my 401K and plan on retiring in 5 years. Had I moved my allocations to a “safe” choice like the credit union fund (within the 401) I would have “locked in my losses”. So what? Wouldn’t it have been better to sit there and not earn much as opposed to loosing 50%?
I have lost 50% of my 401K and plan on retiring in 5 years. Had I moved my allocations to a “safe” choice like the credit union fund (within the 401) I would have “locked in my losses”. So what? Wouldn’t it have been better to sit there and not earn much as opposed to loosing 50%?