401 k question

[WildKat]

Is there a rule of thumb that you should follow in deciding what a comfortable amount is that you should be putting in? I know it's gonna be based somewhat on what you can afford and maybe how old you are and if maybe you have other investments as well......My company matches 2%...I have my form filled out for 10%.......Does that sound right? Any thoughts?

[be47320]

rule #1....never give your 401k money to a chick your dating who has a hard luck story

[revnecro1273]

as much as you can as long as you save some each month for some dirty rotten whores

[WildKat]

Originally Posted by be47320

rule #1....never give your 401k money to a chick your dating who has a hard luck story

Im so glad I didnt do that...because I ended up hearing even more bad stories about her after we split up...I can save money to make monthly trips to Nashville to party...Love it there!

[WildKat]

Originally Posted by revnecro1273

as much as you can as long as you save some each month for some dirty rotten whores

I have that automatically taken out of my check for that each week! lol

[Mendoza Line]

Kat, I had read somewhere that the baseline is $5,000 every year from age 25 to 65, and you'll retire with no worries. Adjust from there based on what you can afford, but obviously it becomes more expensive later to make up for slacking early. Those first couple years of $5,000 will do most of the work for you over the next 40 years.

[WildKat]

Originally Posted by Mendoza Line

Kat, I had read somewhere that the baseline is $5,000 every year from age 25 to 65, and you'll retire with no worries. Adjust from there based on what you can afford, but obviously it becomes more expensive later to make up for slacking early. Those first couple years of $5,000 will do most of the work for you over the next 40 years.

I need to get to work then.........thx

[be47320]

Originally Posted by WildKat

Im so glad I didnt do that...because I ended up hearing even more bad stories about her after we split up...I can save money to make monthly trips to Nashville to party...Love it there!

[Big Pimpin]

Rule 2. Don't lose your 401k gambling

[be47320]

Originally Posted by Big Pimpin

Rule 2. Don't lose your 401k gambling

[guzzi]

drugz r bad...mmmmm k...

[WildKat]

Originally Posted by Big Pimpin

Rule 2. Don't lose your 401k gambling

Wont do that

[TN TITAN Fan In STL]

wildkat if your doing the roth ira you have until april 15th to put in up to 5,000.

[Seanie Mac]

Originally Posted by Big Pimpin

Rule 2. Don't lose your 401k gambling

(shots fired)

[WildKat]

Originally Posted by TN TITAN Fan In STL

wildkat if your doing the roth ira you have until april 15th to put in up to 5,000.

Im going to do my taxes next week so I will inquire about this as well....thx