AUDIO: 2 Big Psychological Hurdles That 401k Investors Face

by Marc Bastow | June 25, 2013 12:46 pm

AUDIO: 2 Big Psychological Hurdles That 401k Investors Face

https://soundcloud.com/investorplace/401k-investing-tips

In this era of “Do-It-Yourself” retirement planning[1], Interest.com Managing Editor Mike Sante has focused on working with investors to maximize their long-term retirement strategy.

youngInvestorsB.png AUDIO: 2 Big Psychological Hurdles That 401k Investors Face[2]A big part of that planning involves funding and managing a 401k plan, yet many new investors (and a surprisingly large number of older ones) are scared off by the details involved in both enrollment and making investment choices.

The net result: They either forgo the opportunity to start saving, or pick funds that don’t match their investment horizon and profile.

In this wide-ranging discussion, Sante provides some advice on getting past two big psychological hurdles for 401k investors. You can listen in on our conversation via the podcast above.

Marc Bastow is an Assistant Editor at InvestorPlace.com.

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Endnotes:
  1. “Do-It-Yourself” retirement planning: http://investorplace.com/2013/06/we-live-in-a-do-it-yourself-retirement-era/
  2. [Image]: http://investorplace.com/hot-topics/young-investors-series/
  3. Sign up for our Young Investors e-letter: https://order.investorplace.com/index.jsp?sid=QL8104

Source URL: http://investorplace.com/2013/06/audio-2-big-psychological-hurdles-that-401k-investors-face-and-how-to-clear-them/
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