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There is one more thing about the PLAN that your 401k is administrated by: its options. If you have bland, S&P500 target date funds as your only option, you would do well to keep the portion of your investments low such that you can control growth by allocating to specific companies that you desire to place your precious savings into.

I have yet to see a 401k with options that are attractive to me or those who have reviewed their plans with me.

If you are working in an position that has you bouncing from firm to firm, this is less of a concern. You can rollover these funds to an IRA after the switch.

I have done this three times in the last 10 years. Without rollover options, I would more than 7 years further behind schedule to retirement.

This is specifically because I could invest in the below companies instead of ultra conservative target date funds from vanguard.

NFLX
AMZN
GOOG
MELI
SHOP
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