As long as you're working at your current company, you're limited to the investment options offered within the plan, so unless there is a non-stock investment option (I'm lumping bond funds into the term "stock market," as those also fluctuate in value), such as a fixed annuity product, your only option for growth would simply be to save more.
With employer-sponsored 401ks, the investment options are quite limited.
For more investment options, you can look into setting up an IRA. Since it is not tied to your employer, you can do research and select a plan provider with the best investment options. Don't forget to check the costs and fees with each provider you talk to.
Another option is self-directed IRA, which gives the plan owner the ability to take control and invest in almost any legally available investment options. To successfully invest your retirement savings, however, you need to do your research and study the options available.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.