[fname], last week from my report I covered Mistake #9: Staying in your 401k when you have the option of moving to an IRA.

Today I'll cover Mistake #10: Thinking someone at your company is "watching over your account".

401k accounts are self-directed. What that means is that YOU are ultimately responsible for making EVERY decision regarding the welfare, maintenance, and performance of the account.

Some retirees who have worked for their employer 25+ years often have the misunderstanding the company has "done what is right by them." This varies based on the company.

The important thing to understand is that your 401k is like an account you would hold at a discount broker. EVERY decision is up to you.

In today's competitive global marketplace, companies are more concerned about making money than the welfare of your retirement account. You need to act accordingly.

Just remember too that as the market changes, your portfolio grows and time passes, often your investment goals and your tolerance for risk changes. When this happens you need to adjust your asset allocations accordingly.

That is why I offer a FREE Investment Analysis & Portfolio Review.  It is a no-obligation assessment of your portfolio to see if you're still invested correctly for your goals, your risk tolerance and your portfolio size.

To get started on your analysis & review either reply to this email or call me here at the office at [aphone].

I hope you are enjoying the report!  If you did not get a chance to read it yet here again is the link to download the PDF where you can open it: http://www.worst13mistakes.com/13mistakes-thanks.html
Regards, Ed

W. Edward Newton Jr., CFP
Newton Financial Network
13850 Ballantyne Corporate Place, Suite 500
Charlotte, NC 28277
Phone: (704) 552-8689