"Set it and forget it" has long been the advice for 401(k) savers, especially when they are just starting out. Still, in the current economy where stocks are up and down, tariffs are in and out and the prospect of a recession is increasing, that strategy may not work for everyone.
After all, there is more to retirement planning than choosing funds when you are in your 20s and forgetting about your investments for the next forty-plus years. Your time horizon, risk tolerance and asset allocation all come into play, and that will undoubtedly change over time.
