This is bad advice. 401k matching is the easiest way to double your money, and tax deferral means ~30% more working for you now (when it matters, for compound

This is bad advice. 401k matching is the easiest way to double your money, and tax deferral means ~30% more working for you now (when it matters, for compound growth). When you're young, the market being down just means you're getting more shares for your contribution. You're right that 401k funds tend to suck, but most funds everywhere tend to suck (compared to market). The ones that don't, you probably don't have access to. So just avoid the managed funds. Buy index, outperform most, and save the fees.