If you’re eligible for Financial Engines, you have access to investment help – starting right now. This tutorial provides you with easy steps so you can start taking action. We encourage you to visit your Financial Engines account and start using our advice to help grow your retirement savings.
Getting Started: Make Sure Your Money is Invested
So often, people contribute to their 401(k) but then they stall out when it comes to investing it. Your 401(k) account lets you choose from several investment options offered by your plan. You’ll see your choices when you go to your Financial Engines account.
Investing can be confusing, and that’s why we’re here. We provide investment advice based on what you’ve told us about yourself (check your profile to make sure it’s up-to-date). Depending on your comfort with investing, you may decide you need help. That’s when you should call us.
We’ll help you get on track.
The Financial Engines Advantage: Get Help.
You don’t have to do this alone. If you get help, you may do even better.
Here’s the bottom line: we did a study with AON Hewitt and found that people who participated in their employer’s 401(k) plan and used some form of professional help did better than those who chose to manage their portfolios on their own.*
In fact, we observed that more than 60% of 401(k) participants who didn’t use help had portfolios with inappropriate risk levels. Of those, approximately two-thirds were taking on too much risk, and about one-third were taking on too little risk, jeopardizing their ability to accumulate enough retirement wealth.
So what does this mean for you? We’re here to help. You don’t have to be the expert. Together, we’ll work out a plan that fits your preferences and goals and your money can start to make money for your future.
Do Something Today
Follow this easy, simple plan and put your money to work.
* Within the Help group managed accounts and online advice are provided by Financial Engines Advisors L.L.C. The data for the research are drawn from 14 large 401(k) plans. All returns reported in the research are net of fees, including fund specific management and expense fees, and managed account fees. Please access the report for a full description of the methodology and data used.