What Should I Do With My $920k 401(k) When I Retire?

You can get the professional opinion of a financial advisor but, in general, if you are younger, you will typically want to leave your 401(k) invested in higher-risk assets like securities, versus more conservative investments like bonds. For example, say that you're 45 years old with 22 years before retirement. You might leave this money invested in an S&P 500 fund. At the market's 11% average rate of return, even without any additional investments, you might have around $9.1 million saved by age 67.That s ...