Too much of a good thing. (From the Editors: Insights on Issues).

Mark Twain's advice to "put all your eggs in one basket and watch that basket" very carefully isn't such great advice for retirement savings. That's a lesson Enron employees--who had more than 60 percent of their 401(k) plan assets invested in Enron stock--learned the hard way. When the energy

Could other retirement plans be headed for an Enron-like tumble? It's possible. Among companies that offer stock, an average of 32 percent of 401(k) assets are so invested--accumulated both from company contributions and participants' voluntary elections. And 401(k) plans of several large companies--including Procter & Gamble, Coca-Cola and General Electric-- include much higher levels than that.

If the nation is to avoid another retirement catastrophe, plan sponsors and workers will have to learn some important lessons. If your 401(k) plan offers company stock as an investment, take a look at our Retirement Planning Agenda on page 61--and learn when it's time to say "when" to company stock.