Internet Explorer 11 is outdated. For improved security and optimized performance we highly recommend upgrading your browser. ChromeFirefoxEdge

Ask A Friend
Ask A Friend > Your 401(k)
Managing Your 401(k) Investments

Your Retirement Investment Goals

Getting clear on your goals helps you focus on what you really need to do to save for your retirement. So, setting a financial goal for your retirement investment strategy should be your first step. To help pursue this goal, consider the following questions:

  1. How long will it be until you need the money to start producing an income for you? This is your time horizon.
  2. Do you feel comfortable with the day-to-day ups and downs in the value of your retirement savings? This is your risk tolerance.
  3. Do you know how fast you want your money to grow? This is called rate of return.
  4. Do you know the risks and opportunities associated with different investments? This is investment knowledge.
  5. How regularly do you plan on contributing to your retirement plan?

The investment strategy you develop to work toward your retirement goal depends on the answer to all five questions, but your tolerance for risk is one of the most important factors determining the investments you choose.

Share Article:
Add to GooglePlus

Investment and insurance products and services are offered through Osaic Institutions,Inc.

Member FINRA / SIPC. Osaic and Friend Bank are not affiliated. Products and services made available through Osaic are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.


BrokerCheck
Go to Top