Pearls of Wisdom for 401(k) Investors

Proper investing is crucial to your long-term retirement success. That means accepting volatility but managing risk.

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Since 1998, the percentage of Fortune 500 companies offering defined benefit plans has fallen from 45% to just 5%. This places more responsibility in the employee’s hands. Because they do not receive a defined monthly payment in retirement, they rather must save, invest and then make wise withdrawals to live off their retirement savings.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Brent M. Wilsey, Registered Investment Adviser
President, Wilsey Asset Management

Brent M. Wilsey, President of Wilsey Asset Management, is a highly regarded registered investment adviser and a seasoned financial strategist with over 40 years of experience. He offers day-to-day investment guidance to both individual investors and corporations. Having opened his LPL branch office in 1992, currently Wilsey's firm manages over $200 million in assets. Reach him online at www.wilseyassetmanagement.com.