How To Fix Your 401(k)

If your retirement plan has taken some punishing blows, these remedies can ensure that your golden years aren't tarnished

a fund that lags its category in three out of five years. “Another warning sign is a change in managers. A new manager may mean a different objective for the fund, and the new direction might not fit in with your overall strategy.”

Thus, you should look hard at the funds you’re going to entrust with your 401(k) money, and stay vigilant. “Too many people don’t know what they have,” says Hunt. “They put their money into a fund because they heard about it from a buddy in the next cubicle. That’s not a sensible way to build a retirement fund.”

Top 20 Equity Funds by Net Assets

 

 

AVG. ANNUALIZED TOTAL RETURN

 

 

 

FUND NAME

TICKER

1-YEAR*

3-YEAR*

5-YEAR*

NET ASSETS
(in billions)

MIN. INIT.
INVEST.

PHONE

Vanguard 500 Index VFINX -23.95 3.55 10.67 77.6

$ 3,000

800-662-7447
Fidelity Magellan† FMAGX -25.29 6.43 10.46 71.7

2,500

N/A
Amer. Funds Inv. Co. Amer. A AIVSX >-8.78 9.14 13.24 53.9

250

800-421-4120
Amer. Funds Wash. Mutual A AWSHX 3.38 6.87 12.77 48.2

250

800-421-4120
Amer. Funds Growth Fund of Amer. A AGTHX -28.42 16.46 16.96 34.3

250

800-421-4120
Fidelity Growth & Income FGRIX -15.55 4.94 10.80 32.5

2,500

800-544-6666
Fidelity Contrafund FCNTX -21.03 7.37 Pages: 1 2 3 4 5 6 7 8 9
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