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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 4427605" data-attributes="member: 12570"><p>The basic premise of a 401k, or any retirement plan, is compound interest.</p><p></p><p>Now, the degree to which that interest is earned does depend upon where your money is invested. Safer investments provide a steady yet less impressive return than those with more aggressive investments; conversely, losses may be greater in more aggressive investments.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 4427605, member: 12570"] The basic premise of a 401k, or any retirement plan, is compound interest. Now, the degree to which that interest is earned does depend upon where your money is invested. Safer investments provide a steady yet less impressive return than those with more aggressive investments; conversely, losses may be greater in more aggressive investments. [/QUOTE]
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