Originally Posted by
marcal
401K planning is like flying an approach. Way out it takes little to no inputs. As you approach the runway(retirement) you start making more corrections. As you cross the threshold hopefully you don't PIO yourself into a ditch!
Call me weird, but I don't fly approaches like that. If I make the correct corrections early, I don't need to thrash as I get closer to the runway. Now if you're using this as an analogy, you must understand that it's pretty much impossible to make financial "corrections" early, given the moving of the financial "ILS" and "LOC" antennae as time goes on. I'm not a Saudi prince going through military pilot training...I'd rather not think of my investing like my approach work.