<prompt> Human: Hi everyone, is 17.33 annual interest rate per year on my 401k a decent rate? Right now its at 8.79 for Jan-April. 17.33 from today last year to today 1 yr. I currently have Transamerica retirement account with my employer and I have it invested 100 in the T.Rowe Price Retirement 2055 with an expense rate of 1.01. I dont know what a decent rate should be on 401k plans.Am I doing everything right by leaving it like this? Should I add more as soon as I max out my IRA this year and build up more of my emergency fund? Im currently at of my 7 of salary vested.  <response>: You should so some reading in the links in the sidebar, I think you are misunderstanding some things about your 401k. Your money isnt earning an interest rate, its invested in a fund that is mostly stocks. The stock market has been way up over the last year, so your account is doing well. But what your 401k does over a few months or a year doesnt matter much. Some years it will be up, and some it will be down, even way down. Nothing is guaranteed in the market, but historically over long periods of time it goes up.Youre young, you have plenty of time to ride the ups and downs, so just stay the course and over decades your money will grow. That funds expense rate is pretty high, but its fine for now until you learn more and can decide what you want to invest in.Congrats on starting early, youre doing a very smart thing. Put as much into your 401k as you can afford, 15 is a good goal. But get that emergency fund in place first. Check out the How to handle link in the sidebar, it explains it all clearly. 