Good Morning and Welcome to Robinhood Dividends today we are going to talk about my 401k with Principal.
Principal is the company that I have a 401k with.
I have been putting money into this 401k since January of 2017.
And I have stopped putting money in at least for the moment as of April 2017.
Principal has many different options for investing in your 401k.
The option I have chosen spreads that out over different types of investments.
Such as Short Term Fixed Income, Fixed Income, Balanced Asset Allocation, Large U.S. Equity, Small/Mid US Equity, and International Equity.
The way Principal has my 401k set up it will shift from Higher Risk options to Lower Risk as I get closer to retirement.
In April my last contribution brought the account balance to $4,096.
As you can see from the image I am currently at $4,508.
Thats $412 in growth since I stop adding funds to my 401k in April.
I will do update videos showing the growth of my 401k each month.
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With that I will end the video here. Thanks for watching and I will see you next time.
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