Over70irregs
Well-Known Member
Invest 401k
How do you achieve financial freedom?
Over70irregs
Well-Known Member
Nice. Keep going. What % mix are you doing?
I’d start with paying off my mortgage and not having asinine car payments. A 401k isn’t a retirement pension, it’s something that is supplemental. Worse off, wearing Velcro sneakers and eating Applebees senior citizen discount early bird special sucks, it sucks even more when your son or daughter has 6 figures in student loan debt because you didn’t start a college plan when they were born.
Over70irregs
Well-Known Member
Dang. Jugular
DriverNerd
Well-Known Member
Best part of those crazy low rates from the past couple years means I am in no hurry to pay off my 2.25% mortgage when I can dump that money in investments.
Over70irregs
Well-Known Member
Stuck at 3%
I hope you didn’t fall for the refinance scam and you’re an actual first time homebuyer during the strong flu season we had a few years ago. But moving around money in other than 401, is a good idea.
It’s not a slight. Just my perspective. Btw I’m assuming you’re UPS or Express? Because if you’re a teamster this topic is null and void.
Over70irregs
Well-Known Member
Even being a teamster we are under threat with inflation in double digits.
Over70irregs
Well-Known Member
Refi’d from adjustable. Didn’t take $ out like my friends, family and neighbors.
I don’t disagree. But still, much better position than Fedex. What’s a 25-30yr Teamster leave with? Around 60k and medical for life?
Stay out of that
The best debt is no debt
Live below your means and save some money
No Bitcoin just lobster traps
Plus he walks down the street picking up aluminum cans and looking for loose change
BrownFlush
Woke Racist Reigning Ban King
I got lucky.
Right place at the right time.
Right place at the right time.
Sportello
Well-Known Member
He's a trust fund baby.
Babagounj
Strength through joy
S&P 500 Index Fund-100%
( It has the lowest fees )
I used 401K withdrawals to payoff my mortgage after I retired.
