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swamp snorkler 11-14-2009 09:06 AM

401k
 
Anyone willing to help a brother get his retirement funds going in the right direction, I sure could use it.

"W" 11-14-2009 09:10 AM

Quote:

Originally Posted by swamp snorkler (Post 76833)
Anyone willing to help a brother get his retirement funds going in the right direction, I sure could use it.


CMDROST can help you but he want be back on until Monday..... Im doing something right on mine....Im about to double my profit...I have a 45% gain as of Fri...:D

swamp snorkler 11-14-2009 10:57 AM

I noticed W. I have not been even contributing to mine but I really need to buckle down and start making some cake!!!

"W" 11-14-2009 11:30 AM

Quote:

Originally Posted by swamp snorkler (Post 76866)
I noticed W. I have not been even contributing to mine but I really need to buckle down and start making some cake!!!


I dont know how your company does yours but our matches up to 6% and this is free money!!! Best advice I ever got was from a man who retired at the age of 53years old.... He told me if you pay yourself 1st you will be rewarded in the end! He paid his self 15% for 20years....then drop to 10% the rest of his work life......He said he could pay him self 100,000 a year until he was 115years old!!!!

all star rod 11-14-2009 12:47 PM

I agree......You should always put in the % amount that your company matches you if you can afford it. Same here, my company matches $ for $ to 6% on our salary and bonus. Also, since we do not have a retirement they match us an addional % amount based on our age....which is an extra 4% for me. Plus I do 10%.......20% total!!! I just hope it can contiue to increase!

cmdrost 11-16-2009 09:27 AM

swamp.....lots of options to consider here.

1st - like already said, at a min., you should contribute up to what your company matches.

2nd - investment options really depend on how old you are and what your risk tolerances are.

PM me for more info and I'll be glad to try to point you in the right direction.

Ray 11-16-2009 11:06 AM

cmdrost. I seen a black Frontier with a 150 Yahama on it Fri. at Cal. Point.
Was that you?

cmdrost 11-16-2009 11:27 AM

nope....mine is white and it hangs in a stall.

Ray 11-16-2009 11:32 AM

Oops. Disregard the PM I sent.


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