Quote:
Originally Posted by LoneWolf
I hope he has other investments besides his 401k. If he only has 25k put away at age 50, he's way behind. Other than that comment, there has already been great advice given. I'm a big believer in index funds.
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I hope so too. If he doesn't, he needs to be maxing it out every year from here on out and probably have some side investments too.
I also have switched most of my 401k over to index funds. If I want to tilt my portfolio to a certain sector, I do that in my Roth IRA.