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SageWanderer · 70-79, M
My 401K investments more than made up for the pension I lost when my company went bankrupt.
Make sure your investment is managed by a firm outside of your company like Fidelity, Voya or such. Other than that a Roth IRA would be your next option.
Make sure your investment is managed by a firm outside of your company like Fidelity, Voya or such. Other than that a Roth IRA would be your next option.
Tminus6453 · M
I was,.. and yes you need to sign up the second you are eligible, put in as much as you can afford to because most 401k plans match up to a certain percent you put in.... my place i worked was 6% match... so it free money
PatKirby · M
10% matching where I work. Maxed it out fast. It's like free money but you have to be vested first.
Zaxel · 26-30, M
minimum put in enough to get the full amount of any employee matching.and then put in more if you can
Cantsayno · 56-60, M
I highly recommend it. You’re young. It will add up fast !!!!!
TexChik · F
Always a good idea
BlueRain · F
No. I have a pension,
Spokeskitties75 · 46-50, M
Yes... my company matches up to 4%... as long as you contribute 4%. I contribute 14%
Although I have many of my own investments as well
Although I have many of my own investments as well
rjc36 · 56-60, M
Yes
REMsleep · 41-45, F
Yes I am.
It is somewhat of a scam to prop up the government and the stockmarket but since 99% of jobs no longer offer true retirement you need to invest as soon as you can especially if your employer matches your contribution.
It is somewhat of a scam to prop up the government and the stockmarket but since 99% of jobs no longer offer true retirement you need to invest as soon as you can especially if your employer matches your contribution.
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