The easiest way to increase your 401(k) return

Please, please, set your 401(K) contribution to whatever your employer matches. If they give you a match up to the 5% of your income that you contribute make sure that you set your contribution to 5%.

This is about the biggest no-brainer when it comes to retirement savings. If they are matching 100% of your contributions you are basically doubling your investment for every dollar you put into your 401(K).

Even if you are invested in the best mutual funds it would likely take you 6 years to double your money.

The point here: there is not a better investment than getting the full match from your employer.

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