February 2008
Retirees reveal best & worst moves
Smartest move: Started buying employer's stock at age 25. Maxed out 401(k) plan.
Biggest mistake:
Put too large a proportion of her retirement assets in that one stock.
Biggest mistake:
Put too large a proportion of her retirement assets in that one stock.
Carol A. Quartana
Smartest move: Both he and his wife worked for an employer with a generous pension plan.
Biggest mistake:
Invested in a real-estate limited partnership in the '70s.
Biggest mistake:
Invested in a real-estate limited partnership in the '70s.
Elvin Chong
Smartest move:
Invested in a 403(b) at work then rolled it into a balanced portfolio with the help of an adviser.
Biggest mistake:
Invested in a mutual fund with low returns.
Invested in a 403(b) at work then rolled it into a balanced portfolio with the help of an adviser.
Biggest mistake:
Invested in a mutual fund with low returns.
Mary Kathryn Pickle
