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401K is in TROUBLE | 5 Steps to Boost Your 401K Investments in 2023

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Vanguard recently reported that the average 401K balance has fallen from $141,542 in 2021 to $112,572, or about a 20% decline. It wasn't just the performance of the market, but there were other factors that contributed to the decline.

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⏰ Table of Contents ⏰
0:00 Why 401K is in Trouble
5:57 Analyze your 401K contribution
7:20 401K Investment Priority
8:23 Income Analysis
10:40 Retirement Age
13:02 Set Retirement Goal

#FIREPsyChat #FinancialIndependence #401K

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