Angela M. Thomson, CFP®

Hi Monique, This is a loaded questions. First, what percentage of dollar amount our you contirbuted each month. Second, what type of risk tolerance do you have? The less you contribute the longer you have to save. The more conservative you are, the lower the return, thus the need for a longer investment window. You need to answer these questions first, before a target number is assessed. Best of luck

Hi Fred, The solo-401(k) is generally a good idea. It sounds like you have a problem with the provider, not the plan. If you have had your plan for a year, it is not time to shop it around. There are many adviser's with low fee structures, and there are certainly a significant number of funds with low fees. Spend a little time finding a reliable adviser and I think you will be happier with your plan. Regards, Angela Thomson

Hi, You have another alternative which I would suggest you look into. You can borrow up to 50% of your 401(k) assets, up to a limit, and repay it back to yourself over 4 years. The pluses here are that when you pay yourself back you are also paying yourself interest on the loan amount. The downside is if you have a separation of service event at work, you would be required to make a complete payment, and lose your 4 year repayment window. You need to speak to your HR person for the correct paperwork for these distributions. Good luck.