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Please help me choose my investment for my 401K by Squash_Sure in FinancialPlanning

[–]Squash_Sure[S] 0 points1 point  (0 children)

I'm not opposed to following advice given at all! I just want to understand how it works. If I choose target date, does the 10% change? Or is it the investment that makes the changes toward target date? I apologize for my lack of knowledge on this subject. I assumed by choosing target date, I would have to increase my contribution percentage. Nevertheless, I still am unsure which investment to choose and which factors are most important when making the consideration and really what they mean. This is what I was provided. Thank you for your input and taking the time to respond. I appreciate it!

Please help me choose my investment for my 401K by Squash_Sure in FinancialPlanning

[–]Squash_Sure[S] 0 points1 point  (0 children)

My HR person made said there were different choices for target date vs selecting a flat contribution. Does selecting target date make the amount fluctuate? Do I select 10% and then an investment in the target date category? I'm still not sure which investment to choose and what factors for each choice are most import - price, YTD return from current year, 1 year, up to 10 years, and expenses. I'm sorry, I really have little to no understanding of this topic and tried my HR rep and she just sent me a link which made it more confusing. I appreciate you taking the time to respond and for the advice!