If You Kept Funding Your 401(k) Last Year You'd Be Loaded Now
Some rather groan-inducing news from the Employee Benefit Research Institute (EBRI): Those who were “consistent” participants in their 401(k) plans over the last six years made bank in 2009, with an average 10.5 percent rate of return over each of the six years. And the rebound of 2009, where portfolios jumped 31.9 percent, was more than enough to erase the losses of 2008, when the average retirement account fell 27.8 percent.
This is all common sense: they say that waiting out bear markets is always, always, always better than trying to time the market and stashing your cash under the mattress.
But
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