as a financial illiterate stuck with a 401k, what do i do? (moist.catsweat.com)

submitted 1 month ago by [email protected] to c/[email protected]

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as many americans forced to run with a 401k because we dont know any better and its the 'path of least resistance' to a retirement account... what do we do in the face of a dying democracy and economy?

id love to move it to some 'foreign' investments, but is that even a possible option? do i just hope and wait for stability to return at some point in the future or is it hookers and blow time?

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[-] [email protected] 4 points 1 month ago

Sure when you get close to retiremet. however don't move too soon as you likely have decades to live and so need to ride it ot.

[-] [email protected] 1 points 1 month ago

How close? OP said they’re ten years away

[-] [email protected] 1 points 1 month ago

Depends on unknowable factors like how old you will live to.

[-] [email protected] 1 points 1 month ago

You don't know? 103 for me...

this post was submitted on 08 Apr 2025

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