If you have a 401(k) Plan, when was the last time you looked at you’re allocation of funds?

Now if you’re like most workers you made your original choices and you never looked again. What a big mistake you’re making!

Your 401(k) should be reassessed once a year to be sure you still feel comfortable with the mix. Maybe you knew nothing about investing when you started so you chose no-risk and low-risk investments.

But you’re savvier now so maybe you would choose differently. If you don’t check, you’ll never know.

Some employers are even offering investment advisors specifically to help hesitant employee investors. Plus, www.morningstar.com can help you rate your choices without outside help.

If you still feel uncomfortable and no company help is available, consider hiring an outside professional to work on your allocation.

Remember, this is your retirement, ignore it at your own risk!

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