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What are you choosing to build for retirement? 401K Roth IRA?

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Sunday, August 7th, 2011

I am trying to weigh my options here. I have a 401K and I plan on contributing toward a Roth IRA. I just would like to get more information on what other options are available to me. What is your choice at this time, why and what is your age?
Thank you in advance.

I have a 401K, the company matches funds, if you get a Roth IRA most companies do not participate in these.

first you should match what you company puts into the401K if they say they will match up to 10% you must do your best to match it — no more any extra put in a roth ira — after all one will help on todays taxes and the second will really grow with tax paid money!!!

I've been investing in both for about 2 decades. It's the low road. It's easy, but not very rewarding. My advice is to invest your time and learning into something that might really appreciate. maybe a business. I've seen a lot of interest in coins, and precious metals, but one should know what they're doing. The tax advantage of a 401k helps, but chances are you can do better with the greater flexibility of freelance investing. Remember, you don't pay taxes on a stock's increase in value until you sell it. I'm 52, and seen many fly over me as I walk the road that the men in suits have paved for the sheep. Still, I hope to retire in a "gentleman's farm" arrangement, maybe a 5 acre coffee field above Captain Cook, Hi.

Do both if possible.

Max out the 401K up to the company matching funds.
Example do 6% if your company does a 1 for 2 matching up to 3%, this will give you a total of 9% investment every pay period.

Then open the Roth, the really nice thing about a ROTH is that you will have access to the money you have put in there with no penalties. a great thing when you need to most.

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Categories : 401k to ira
Tags : 2 decades, 401k, coins, Match, precious metals, Roth IRA

How do you send Gaia coins from one Gaia profile to another?

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Saturday, July 9th, 2011

I have two accounts and Im trying to save up for something and I want to send my gaia coins from the one i barely use to the one I always use.

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Categories : gaia
Tags : coins, gaia

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