401K Planning?
 

So what does everyone use to plane their 401k?

I skipped the standard target funds they offer and transferred over to NetBenefits inside of Fidelity which lets you select your own stock and ETF allocations. Mixture of standard and Roth contributions, re-balanced monthly as needed. A lot will depend on your age and what your risk tolerance is.

S&P500 100% don't overthink it

If you want a financial planner use a fee based one of your own choosing.

How do you do that? I don't know what I'm doing and don't want to bother with it.

edit, I wrote it all out but since you don't want to bother you should probably just pay someone thousands a year to make a few clicks lol

meanwhile Fidelity is $150/million invested

John Oliver did an episode on how even pros/brokers have a hard time beating the S&P 500. That 1% over decades that people pay for fees in other funds adds up with compounding interest.

Is there an option to do that with our 401k?

Exactly.

People will spend far more time doing research on a car purchase than their potential $10m retirement nestegg.

Are the target funds tied to this?

Follow up question: For American's 401k with Fidelity, do contributions amounts exceeding personal annual contribution limits automatically get rolled back to the employee as income?

no. Target date funds are a mix of different products. Our 401k allows you to pick whatever fund you want, outside of fidelity. Target date funds have higher costs associated with them.

And yes. Paid as extra income