401k
Out of context: Reply #12
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- Nirvous0
Unless you have a Roth IRA, which I doubt, the 401k is your best bet to save up a good amount of money and not worry about it being taxed.
Put as much as you can afford (or that the employer will match) into it.
When you look into your 401k package take a look at the stocks and diversification it contains and check out those stock groups to compare the past performance and then create a risk assesment for each option
Experiment with these different allocations to see the impact on your retirement plans
If this is all greek to you, then read some books and get some financial advice from a pro. You have to take some control and grow up in the big bad world.
You dont want to be that 80 year old guy baggin groceries. Welcome to adulthood ... it's a pain in the ass.