My employer does not match my 401k any longer, should I reduce my contribution?

[ajay]

My employer does not match my 401k any longer (4%), should I still contribute 5% out of my check or reduce it to 1% since I'm losing the money I'm contributing anyway, and, instead put the money into my savings where atleast I will not lose it?

 

[stevepitt2]

Depends on your age and other factors. You could put it into a govt bond fund in your 401k and not lose money.