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UPS Retirement Topics
What is the best source for starting a retirement account?
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<blockquote data-quote="beentheredonethat" data-source="post: 948676" data-attributes="member: 4886"><p>Set aside money in a 401K. You may want to consider a Roth 401K option. You won't get a tax benefit now, but you will when you retire. I suggest saving what you can even if it's only 1 % of income. Put it in stocks, at your age there is 40+ years before you will be able to retire. Long term the stock market has always outperformed bonds or money markets. It doesn't mean that will continue, but play the odds. </p><p>Good Luck</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 948676, member: 4886"] Set aside money in a 401K. You may want to consider a Roth 401K option. You won't get a tax benefit now, but you will when you retire. I suggest saving what you can even if it's only 1 % of income. Put it in stocks, at your age there is 40+ years before you will be able to retire. Long term the stock market has always outperformed bonds or money markets. It doesn't mean that will continue, but play the odds. Good Luck [/QUOTE]
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What is the best source for starting a retirement account?
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