PHOENIX — Whether you’re knocking on the door of retirement or not, understanding your 401(k) and its performance will increase your chances of gracefully aging with your finances.

On the latest episode of The Asset Preservation Hour, financial advisor Stewart Willis advocates for investing in a 401(k) plan, as it is “a very easy way to save money for retirement.”

“Some of my wealthiest clients are people that just, as they got raises, put all of their raises into their retirement plans,” Willis said. “You do want to be aware of certain things like fees. … I’m very critical of the investments we have inside our 401(k) system.

As an investment advisor, he looks at the different benefits coming to the investor and the company owner. … But it’s better to participate than to not participate

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