The Unfortunate Truth About Maxing Out Your 401(k)

The Unfortunate Truth About Maxing Out Your 401(k)

If your entire retirement plan is built on maxing out your 401(k), I have some bad news: Contributing the annual maximum to your 401(k) doesn't guarantee a comfortable retirement. Read on to learn four reasons why maxing out your 401(k) may not be enough, and what you can do about it.