08/27/2026
Retiring Well: 401(K) Tips for All Ages
Retirement planning is not a one-size-fits-all journey—it’s a progression that should reflect your age and circumstances. Over my years as a fiduciary, I’ve seen how a 401(k) strategy must adapt as your life evolves. In your 20s, simply getting started is key—the power of compounding and time is on your side, so don’t miss out by waiting. As your career and income grow in your 30s, begin to temper risk, lean on core index funds, and gradually increase contributions. By your 40s, it’s time to think balance: a mix of about 60% equities and 40% bonds, with an eye on diversification and minimizing fees. Maximizing contributions—up to $24,500 in 2026—can help keep you on track. In your 50s and 60s, use catch-up provisions to reach $32,000 in 2026, but now the focus shifts: how will you time withdrawals, manage taxes, and coordinate Social Security and required minimum distributions at 73? Comprehensive retirement planning isn’t about chasing the next best thing; it’s about making informed, flexible choices at every stage, always with your long-term confidence in mind.
