Can 401(K) Plans Provide Adequate Retirement Resources?

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   David RacichPRO

   Fountain Hills, Arizona

   A 401(k) retirement plan is a defined contribution plan that is funded by various savings and investment products. The adequacy of a 401(k) is based on performance of those products and your contributions. Based on the current trends, the great risk to retirement is human longevity. The odds of most 401(k)s being adequate to fund retirement is somewhat slim.

   Answered on July 25, 2013

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