401k's For Retirement Planning A Beginner's Guide

Planning for retirement is a longterm financial commitment that calls for some thoughtful decisions along the way. And guess what? There's an incredible tool called a 401k that countless people are underutilizing. Whether you're just starting your career or you've been in the workforce for a while, understanding how 401(k)s work and how you can use one to build wealth is critically important, if you’re offered one by your employer. In this beginner's guide, we’ll take a look at 401(k)s we'll cover what they are, how they work and why they're a big deal. There are a couple of surprising insights about why employers love offering them – you won't want to miss those! Let's take a look at the details of the 401k and how it’s helped countless employees become millionaires by simply working their 95.