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Maximizing Retirement: The Cost of Inaction
This chapter explores the critical importance of actively managing 401(k) funds for growth, contrasting conservative and diversified investment strategies. Through case studies, it highlights the significant financial ramifications of inaction and poor investment decisions over time. Additionally, the chapter warns against the pitfalls of borrowing from 401(k) accounts, emphasizing the lasting impact on retirement savings and the need for disciplined financial choices.