I have no idea how money works.
I have a 401k, it's got more in it than the median 60 year old in the united states, and I'm 20 years from that.
And I am terrified of how little I know about how it exists or survives.
I read these articles and get a sense of overwhelming urgency that, without any explicit indication, I should do something with my nest egg to make it safer to survive a crash.
And then I keep reading, "don't touch it" when I go to read about what I should do.
So I sit here, not doing anything at all about it, crippled with dread.
What's the best strategy for someone like me, who has absolutely no idea how their retirement account exists?
I have a 401k, it's got more in it than the median 60 year old in the united states, and I'm 20 years from that.
And I am terrified of how little I know about how it exists or survives.
I read these articles and get a sense of overwhelming urgency that, without any explicit indication, I should do something with my nest egg to make it safer to survive a crash.
And then I keep reading, "don't touch it" when I go to read about what I should do.
So I sit here, not doing anything at all about it, crippled with dread.
What's the best strategy for someone like me, who has absolutely no idea how their retirement account exists?