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Reply #3: 18% of my pre-tax income is going to my 401k, and I have about 10 years until retirement
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slackmaster
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Fri Jun-20-08 02:26 PM
Response to Reply #2 |
3. 18% of my pre-tax income is going to my 401k, and I have about 10 years until retirement |
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My employer puts about a 6% match on what I have withheld.
I am buying a mix of stock and bond funds, mostly stock now. The lower the indexes, the more shares I buy.
In the long run, a bear market now should be a win for people at my stage of life. People who were counting on selling stocks now have made a miscalculation.
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