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Time to bump up that 401k
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<blockquote data-quote="olroadbeech" data-source="post: 2501285" data-attributes="member: 52145"><p>don't be afraid to ask questions and read all the posts in this thread and other threads that have 401k in title. It is a good starting point and education so you will know what kind of questions to ask a FEE only financial planner as a previous poster suggested.</p><p></p><p>like I mentioned in some previous posts on this thread we bumped our 401k up to the max several years after the 97 strike. that strike made us realize that nothing is guaranteed. We also started IRA's. </p><p></p><p>So now we have the pension, a very healthy 401k , Ira's , cash savings, and in a year or so we will be collecting social security. I have been retired about 18 months and we have only used the pension to live off of. haven't touched anything else which is all gravy or can be used for emergencies.</p><p></p><p>It took planning and discipline . We are very happy with our decisions so far.</p><p></p><p>You asking questions is a step in the right direction.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2501285, member: 52145"] don't be afraid to ask questions and read all the posts in this thread and other threads that have 401k in title. It is a good starting point and education so you will know what kind of questions to ask a FEE only financial planner as a previous poster suggested. like I mentioned in some previous posts on this thread we bumped our 401k up to the max several years after the 97 strike. that strike made us realize that nothing is guaranteed. We also started IRA's. So now we have the pension, a very healthy 401k , Ira's , cash savings, and in a year or so we will be collecting social security. I have been retired about 18 months and we have only used the pension to live off of. haven't touched anything else which is all gravy or can be used for emergencies. It took planning and discipline . We are very happy with our decisions so far. You asking questions is a step in the right direction. [/QUOTE]
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Time to bump up that 401k
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