7 Money Moves to Make if You Have More Than $50,000 in Your 401(k)

Last updated Aug. 25, 2022 | By FinanceBuzz Editors
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If you've already saved $50,000 in your 401(k) — or are close — congratulations! You've prioritized saving for your future in a huge way.

With your 401(k) well-funded, you might be wondering what's next? Luckily, you've got a variety of investment options to choose from — where you go next is a personal decision based on your goals, age, and risk tolerance.

You could open an investment account and invest in stocks, bonds, or even crypto. Or, diversify your investments by adding art or real estate to your portfolio. Whether you want to actively trade or "set it and forget it", there's an option for every type of investor.

This is not investment advice, be sure to do your own research if you're going to invest.

Let's take a look at some top options…

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Want even more tools and guidance? If you choose the Stash+ plan 3 when signing up, you can earn 2x stock rewards when you spend on eligible purchases! 4

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Life insurance for less - starting at just $1/day

Here's a secret: life insurance agents often push expensive policies because their commissions are tied to the policy premiums you pay. The higher the premium, the more THEY get paid.

If you want to get the coverage you need for a fair price, you can skip the agent and get a quote online. With lifeinsurance.net, you can either buy your policy online or work with an agent over the phone who will listen to your needs and guide you to a policy with the best coverage for your budget. The price you pay will be based on your age and health, not someone else's commission.

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Save up to $610 on car insurance

Car insurance can be expensive, so you want to make sure you're not overpaying on your current premium. Any money you save can be added to your investments.

It's easy to search and compare quotes with Provide Insurance. Think of it as Kayak, but for car insurance.

They can help match you to insurance carriers and regional agencies to help you save on your car insurance. Provide can save drivers up to $610 per year compared to their current insurance premiums.

It takes less than 5 minutes to fill out the form and you’ll receive a list of matches that show you online, email, and potentially phone quotes.

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  • Get $10 to make your first investment
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