What kind of retirement plan do you guys have?

[grease lightnin]

2 different 401k's, sep and little property. Don't trust govt to get roth. I believe when time comes they will change rules.

Chico, if they did, it would be for future contributions. Not what is already in there

[brooks85]

Buy it up moron.

You had no idea it is down 50% over the last couple months until I just told you they are in trouble.

lol you are a desperate idiot... yeah had no idea what was going on with GE... even though it was all over the news...


you are truly a desperate moron grease, I mean that sincerely. Same idiot who can't even read a stock chart.

[brooks85]

Chico, if they did, it would be for future contributions. Not what is already in there

- a bag holder

[pilebuck13]

Union or government best retirement plan

[grease lightnin]

Brokks says buy GE, gold and silver, and bury it in your back yard under the pig shit.

You have no business giving financial advice to anyone. Seriously

[brooks85]

Brokks says buy GE, gold and silver, and bury it in your back yard under the pigs hit.

You our have no business giving financial advice to anyone. Seriously

says the moron who made the dumbest bet in history on brexit. The same moron who couldn't read a stock chart, then lied about the stock chart after admitting it DID in fact contain 2 healthcare etfs. You're doing great grease!



it is really hilarious how you don't realize you're a joke to the forum lol

[USCPHILLYGUY]

Greaser what's this e battle you're having with brooks? Don't think Ive notice this in the past

[brooks85]

and lets not forgot my all time favorite grease is an idiot moment. When talking about the unfunded liabilities and insurmountable debt issues the country faces his solution is; hope.


must be fun to think like a child all day

[grease lightnin]

it is really hilarious how you don't realize you're a joke to the forum lol

O the irony

[sweethook]

gaming and S S.

[brooks85]

Greaser what's this e battle you're having with brooks? Don't think Ive notice this in the past

very simple, grease has TDS and I've embarrassed him a bunch of times on here. He is just bitter.

[grease lightnin]

Greaser what's this e battle you're having with brooks? Don't think Ive notice this in the past

Philly it has been going on for a long time.

Brooks is the worst troll that has ever graced the internet

[brooks85]

O the irony

you need a dictionary if you want to use the word properly. You don't care about anything else being factual or accurate so I'm sure you won't bother again.

[brooks85]

Philly it has been going on for a long time.

Brooks is the worst troll that has ever graced the internet

lol notice the empty reasoning when the facts are the facts. Grease is upset because I've made him a fool for years now. I suckered him into one of the dumbest bets in history, I proved he is an emotional child when it comes to trump. This very thread he proves it, says I don't know about GE... even though I have CNBC all day haha


grease is a kid raising 4 kids, nothing more.

[JMobile]

Jmobile are you self employed?

Nope.

[grease lightnin]

Nope.

Do you have access to a retirement plan through your employer, and if so, do they offer a match?

[Shute]

Always make employer match as much as they are required. It’s free money.
Always. Always. Always.

[Shute]

You accomplish this by saving as much as you are allowed by law, then employer is required by law to contribute their amount.
That’s step 1.

[TheMoneyShot]

Is there any type of mutual fund or return on your money... in which you could make monthly deposits.... and get a decent return on your money... have access to it by retirement age... but it's not linked to your employer? Do you guys get what I'm saying?

[brooks85]

2 different 401k's, sep and little property. Don't trust govt to get roth. I believe when time comes they will change rules.

now that grease has got his uncontrollable emotions out of the way you can focus on something very telling here imo


chico and I never agree on anything mainly because he is anti-american and desperately wants this country to become hispanic but thinks he is being sly about. So the fact we agree on this should be very telling especially compared to proven suckers like grease whose solution for debt problem is, and I quote; "hope"





choose wisely who to listen to.

[grease lightnin]

Is there any type of mutual fund or return on your money... in which you could make monthly deposits.... and get a decent return on your money... have access to it by retirement age... but it's not linked to your employer? Do you guys get what I'm saying?

Yes.

Google Roth IRA

Vanguard, Fidelity, Charles Schwab, etc.

[Shute]

Is there any type of mutual fund or return on your money... in which you could make monthly deposits.... and get a decent return on your money... have access to it by retirement age... but it's not linked to your employer? Do you guys get what I'm saying?

SEP?
Problem is there are sooo many regulations and laws. I believe I have funded every type of plan over the years. It’s more complicated than the tax laws.

[Shute]

It’s very simple if you are an employee.
If you are self employed, employee, business associate, etc etc then it’s impossible to keep tract

[stealthyburrito]

401(k) through work - contribute 6%, company matches + 10% of salary annually.

[franklee168]

GE???????

And brooks is right behind you

Definitely on the down side. Loss about 140k in value. Luckily I got it early. The word of the day is diversify.

[greenhippo]

Government pension and Roth IRA on the side, I feel pretty confident.

[Shute]

Pers??

[JMobile]

Yes.

Google Roth IRA

Vanguard, Fidelity, Charles Schwab, etc.

Roth IRA with a good rate. Roth, get tax now instead of later when trying to pull out. Am I right guys?

[jjgold]

If you’re asking here you’re in a lot of trouble go ask your employer

[Harry N. Lloyd]

Listen to me and listen closely. A Roth IRA. Put as much in as you are allowed each year. I recommend these low-commission index funds.....

ITA, invests in defense industry (If you don't see war coming, you're not paying attention) -- 40%

ROBO, invests in AI technology( Robots and AI are the technology of the future )-- 40%

IAU, invests in gold (just in case everything goes haywire) --20%

Good luck,
Harry

[eswerve4]

What are savings

[slambam]

If you don't need the tax deduction, you'd better be putting it in a Roth something - 401k probaby your best bet. I've been putting in my Roth 401k since I was 21, tax free withdrawals are retirement. That's a lot of tax free interest.

[brooks85]

Government pension and Roth IRA on the side, I feel pretty confident.

[thomorino]

I'm tailing Thomorino

Lol, wbroke dik, gotta have money to tail

[grease lightnin]

Roth IRA with a good rate. Roth, get tax now instead of later when trying to pull out. Am I right guys?

After tax contribution, grows tax free, comes out tax free.

With a Roth, you pay tax on the seed, with traditional pretax, you pay tax on the harvest.

Dollar for dollar, same given rate of return, there is a high likelihood that you will have far more in your pocket over the long term in Roth vs traditional pretax.


As far as a “good rate”, a Roth is a type of account. Think if it as a garage that shelters your investment vehicle from taxes. You can park just about any type of vehicle in that garage that you want. Any mutual fund, etf, stock, etc.