Money Market, 401(k) Risk

This is a news story, published by Yahoo Finance, that relates primarily to SmartAsset news.

personal finance & financial education news

For more personal finance & financial education news, you can click here:

more personal finance & financial education news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like personal finance & financial education news, you might also like this article about

money market funds

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest certain savings accounts news, investment plan news, personal finance & financial education news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

successful investment plan

SmartAsset

•

Business

Business & Economics

Ask an Advisor: I Have $900k in My 401(k) and $800k in a Money Market at 61. How Do I Make It Grow?

Summary

Nutrition label

73% Informative

Investing is an emotional endeavor and the feelings you have about it matters.

Sticking to your plan through the ups and downs rather than giving in to the frenzy of the day is one of the best ways to ensure that your money lasts as long as you need it to.

The 4% rule says you can withdraw 4% of your investment portfolio each year in retirement with little risk of running out of money.

SmartAsset ’s free tool matches you with vetted financial advisors who serve your area.

You can interview your advisor matches at no cost to decide which one is right for you.

An emergency fund should be liquid -- in an account that isn't at risk of significant fluctuation like the stock market.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity