This is the second article in our series on navigating retirement risks, based on our White Paper, Creating Sustainable Retirement Income in 401(k) Plans Using Managed Risk Funds (www.milliman.com/new401k).  The first article addressed how long a 401(k) participant will need his retirement money to last.  We also discussed how market fluctuations at the wrong time – what we called timing risk – impact the participant’s account.  In this article, we discuss the importance of investing retirement savings properly.  You can read the article here.