<prompt> Human: I have a 401k with my employer and I started it as soon as I could. I know the sooner you start, the better. I work part time and make 11 and hour. I have it set to contribute 5 into it every paycheck. The company matches dollar for dollar for 3 and 50 cents for the next 2 After the first year of work.I have my 401k in the Lifecycle 2040 fund. I was looking at my information and I could have my 401k managed for 0.6 per month. Good deal? I really dont know much if anything. I only put like 25 per check into it. Is it even worth managing?  <response>: What benefits come from having the account managed for you? Your Lifecycle 2040 fund is already managed in the sense that it will automatically rebalance periodically, changing the investments to a more conservative mix over time so that your investments are less exposed to market changes as you near retirement. You dont need to pay extra for someone to do that the fund is already doing. 