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Planning to retire? Be sure to properly diversify your 401(k).

Daily Journal of Commerce, Portland

| March 21, 2002 | COPYRIGHT 2003 Dolan Media Newswires. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: William Lockwood

All of us want to enjoy a comfortable lifestyle in retirement. And that's why we can relate to those Enron employees who lost so much of their savings from their 401(k) plans.

Enron was an extreme case, but it does help illuminate a problem that's common among 401(k) investors - relying too much on one stock.

Business setbacks can happen quickly, and if your retirement plan is dominated by just one stock, you're taking on too large a risk, particularly if you're nearing retirement.

Unfortunately, far too many people seem to let company loyalty guide their investment decisions. Almost 30 percent of the assets in 1.5…

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