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Drop Out of Your 401k
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<blockquote data-quote="vantexan" data-source="post: 854946" data-attributes="member: 24302"><p>But you make enough to fund your 401k properly not to mention you get a nice pension. What you aren't getting is there are 10's of millions of us who put in enough to get the company match, but little more as that's all we can manage, if even that much. Collectively that's alot of money, and in today's job market there's more and more of us. Many more than those who max out their contribution to the annual limit. Let's see how well the market does if we stop contributing. P.S. Think companies offer a 401k match out of the goodness of their' hearts? It's a legal way for them to pump more money into the market by giving us an incentive to participate. Barnacle indeed!</p></blockquote><p></p>
[QUOTE="vantexan, post: 854946, member: 24302"] But you make enough to fund your 401k properly not to mention you get a nice pension. What you aren't getting is there are 10's of millions of us who put in enough to get the company match, but little more as that's all we can manage, if even that much. Collectively that's alot of money, and in today's job market there's more and more of us. Many more than those who max out their contribution to the annual limit. Let's see how well the market does if we stop contributing. P.S. Think companies offer a 401k match out of the goodness of their' hearts? It's a legal way for them to pump more money into the market by giving us an incentive to participate. Barnacle indeed! [/QUOTE]
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