How Do I Pick Funds for My 401(k)

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 23 May 2022

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, and George Kamel.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to Ramsey everyday millionaires where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:14.1	Patrick is in Columbus, Ohio.
0:15.7	Hi, Patrick.
0:16.7	How are you?
0:17.7	Hey, how's it going, Dave?
0:19.7	Better than I deserve.
0:20.7	What's up?
0:21.7	Sure.
0:22.7	My question is, so my company, I'm on a pension, but they just started offering a 401K,
0:28.7	and it has a rough 401K.
0:30.7	Good.
0:31.7	So I have where I can pick my retirement, but age I want to be when I retire.
0:37.6	I have the target date, and then I have where I can actually pick.
0:42.4	So I was wondering, when I'm actually going to pick my mutual fund, do I go lifetime
0:48.9	of the mutual fund or only go back like 10 years?
0:52.4	Because lifetime is about 8.5 and then at 10 years, it's sitting around like 11 or 12%.
1:01.5	Either one's fine.
1:02.5	I mean, you've got a 10-year track record of 11 or 12.
1:04.8	It's probably a fine fund.
1:06.7	There's nothing wrong with that.
1:08.7	Okay.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.