Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Check question
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Bubblehead" data-source="post: 1090956" data-attributes="member: 14176"><p>Bagels, while I agree with your assertions in regards to controlling interest on debt, I find it hard to fathom doing better than the 401k for retirement investments as an average blue collar worker.</p><p>When you combine interest earned with the taxes differed, unless you are a stock market guru with a lot of time, it's hard to beat.</p><p>Last year my 401k earned 15% interest tax free, while I was able to defer taxes on $14,000 of my earned income.</p><p>I'm sure there are formulas to prove your statements true, I just don't think most of us have the wherewithal to realize a better return than the 401k.</p><p></p><p>Either way BearcatShane, start saving now.</p><p>All that you can, you won't be sorry.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 1090956, member: 14176"] Bagels, while I agree with your assertions in regards to controlling interest on debt, I find it hard to fathom doing better than the 401k for retirement investments as an average blue collar worker. When you combine interest earned with the taxes differed, unless you are a stock market guru with a lot of time, it's hard to beat. Last year my 401k earned 15% interest tax free, while I was able to defer taxes on $14,000 of my earned income. I'm sure there are formulas to prove your statements true, I just don't think most of us have the wherewithal to realize a better return than the 401k. Either way BearcatShane, start saving now. All that you can, you won't be sorry. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Check question
Top