A competitive runner’s strategy at the start of a race often is different than their approach to the middle and end of a race.
In many ways, 401(k) retirement accounts are like a race. Financial experts recommend strategies for those in their 20s that aren’t a great fit for people in their 40s or 60s, and vice versa. Each stage of life typically requires its own 401(k) approach, said Aoifinn Devitt, managing director of global wealth at wealth management firm Moneta.
