To be clear, you can do quite well for yourself investing in these funds. But no matter what funds you choose for your 401(k), you ultimately don't get a say in what goes into them. And if you want more control over your long-term investments, you'll need to house some of your retirement savings in an IRA. IRAs allow you to buy individual stocks for retirement. Actively managed mutual funds and target date funds are notorious for charging high fees, which can eat away at your returns -- even if those funds perform fairly well.

Source: Daily Sun October 01, 2021 10:18 UTC