How often should I review my 401K account and make adjustments?
Terry Says: That depends on your stage in life. If you are under 40, then once a year is enough — because you need a long-term strategy and should stick to it. Older than that, probably twice a year. But even better is if you start out with that long-term appropriate plan. Does your company offer “advice” from a company like Financial Engines or Morningstar? If not, go to my website, scroll down on the far right column to the box marked FinancialEngines and get a free one-year trial by clicking on the link.