3 Downsides of Saving for Retirement in a 401(k) Alone

If you don't make an effort to save for retirement, you may be forced to live on Social Security alone. And that could lead to a pretty cash-strapped retirement for you.

A much better bet is to fund a retirement plan throughout your working years. And if your employer offers a 401(k), you may be inclined to sign up -- especially if that plan comes with a generous match.

Now it's always a good idea to snag your 401(k) match in full. After all, that's free money for your retirement.

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Source Fool.com