For a lot of us, by the time we retire, our 401(k) or other plan is our biggest asset - or for some people, second only to the equity in their home. But how much do most of us know about what to do with it? Here are a few basics:
While you are still working
When you retire
So, as usual when it comes to retirement matters, there are lots of possibilities to think about. The best advice, though, is not to make any irrevocable decisions until you are sure about it, and have really considered your long-term plans and long-term risks.
Chuck Yanikoski is a retirement adviser who lives and works in Harvard. For more about him, visit http://www.ChuckYRetirement.com.
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