401K

Babagounj

Strength through joy
Before thinking of retiring , best check out Medicare rules.
Your monthly amount owed is based on your income from 3 years ago, once you turn 65. { plus or minus any changes to the medicines lists Medicare makes }. A couple of years ago my rate doubled because of a new very expense drug was added.
 

Thebrownblob

Well-Known Member
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pkgdriver

Well-Known Member

Coldworld

Well-Known Member

Coldworld

Well-Known Member
I’m 100% s&p. You literally cannot lose. Will it go down at times? Absolutely. Will there be years you get smoked? Yes. Will it go back up? Absolutely. The only way you lose everything is if there is a nuclear war and at that point who cares. You’re dead. I’ll pull it out and drop it in something stable 2 years before retirement.

At the end of the day it’s craps and giggles money. I know plenty of drivers that put zero in and never plan on putting anything in. You couldn’t be dumber. I vary year to year somewhere between 10%-14%. All Roth. We get a pension. SS. There’s no way I don’t have $500k-$600k when I retire. Everyone should be all s&p. Long term you cannot lose.

1-1-2023/1-1-2024 +20.84%

1-1-2024/current +5.01%

1-1-2022/1-1-2023 -15.11%
What's your stance on social security??? Take it early or wait til 70???
 
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