Senior investment strategist at Vanguard, Colleen Jaconetti, emphasized early saving, low-cost portfolios, and avoiding cashing out 401(k)s during a recent event.
Colleen Jaconetti, a senior investment strategist at Vanguard, emphasized the importance of early saving and maintaining a low-cost portfolio for retirement during a recent event. She advised young savers to contribute sufficiently to employer retirement plans to benefit from matches and cautioned against cashing out 401(k)s when changing jobs. Jaconetti stressed creating a comprehensive retirement plan and suggested not fearing spending from savings if well-prepared.
October 06, 2024
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