We want to make sure you’re invested to your full potential… in the smartest funds in your plan with the lowest fees.
How blooom approaches your 401k:
Our algorithm generates beyond-human-calculations to identify the right investments for your ideal 401k.
1. Scrub your options.
We start by taking a look at the options in your 401k and eliminating the funds that don’t make sense for your retirement goals. We aim for index funds (funds that track the market), occasionally using an actively managed fund if it fills a hole you’re missing.
2. Crunch the numbers.
Once we’ve identified the right funds to get you closest to your target allocation, our algorithm will select the ideal investments based on expense and manager experience. Of course, we double-check the results and cross-references with your recommended 401k allocation.
3. Keep an eye on the prize.
Blooom watches your account for any changes to your fund lineup, or account preferences, until it’s time for another regularly scheduled rebalance. In the meantime, we make our financial advisors available to you for any questions you might have about your 401k or other finances!
Based on proven results.
20+ years from retirement?
You’re hip, you’re cool. You can handle more ups and downs in the market, knowing long-term returns will likely be higher.
Time to play it a little safer, but still maximize returns. Protect a greater percentage of your savings by investing in more bonds.