The Future401(K)s |
Do people in their twenties manage their 401(k) portfolios the same way as people in their sixties? |
People in their twenties manage their 401(k) portfolios quite differently than people in their sixties. Younger people have a much longer view of the market, and have many years in which to make both great financial moves and mistakes. People in their sixties tend to have a shorter investment horizon, and desire more security and less risk.