I Have $1.1 Million in My 401(k). What Should I Do With It When I Retire?

Making no changes is, of course, the easiest thing to do. And, if you're happy with the way your $1.1 million is being handled, it may be appropriate. Before choosing this option, however, review the managers' performance, fees and investment choices to see if they still fit your goals and needs.For example, assume you are age 60 with $1.1 million in your 401(k) and plan to retire at 67. If the account earns an average annual return of 7%, the future value can be calculated using the compound growth formula ...