401k/IRA Screw Job Coming?

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FXSTC
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Last seen: 3 years 3 months ago
Joined: 11/13/2003 - 1:01am
Saving 10% of your earnings

Saving 10% of your earnings can yield impressive sums over the course of a career. Very few people defer more than that, and if you are under 50, you can put $16,500 total into a 401k this year, no matter how rich you are.

Vikingstar
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Last seen: 3 hours 6 min ago
Joined: 01/04/2003 - 1:01am
I've never made more than

I've never made more than about 40k in my life. I have a 401k. Millions upon millions of middle-class people have 401ks. We don't need to pound sand, because the sand of your argument is dribbling between your fingers.

jcmcards
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Last seen: 4 years 5 months ago
Joined: 01/28/2009 - 1:27pm
Sure, opinions are important.

Sure, opinions are important. So are facts....and certain folks have a total misconception of the market, retirement accounts, and show it by ridiculous comments in their posts. I prefer to squish my toes in the sand and leave the pounding to banging the table while laughing....

Mills Web Geek
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Last seen: 8 years 1 month ago
Joined: 07/23/2009 - 4:22pm
SEPs are great plans for

SEPs are great plans for self-employed folks. You can contribute to an IRA and an SEP each year. I'd like to thank the selfish lawmaker and bankers that came up with that one.

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