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| 1985bears.com |
 Posted: Wed Dec 13, 2006 3:19 pm Post subject: If you invest 4 retirement 25yrs from now isn't that savings |
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New Poster
Joined: 13 Dec 2006
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The historical returns say that you should have more money.
Are 401ks savings? |
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| Colli |
| Posted: Tue Nov 20, 2007 4:20 pm Post subject: |
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Investing Sr. Associate
Joined: 18 Nov 2007
Posts: 57
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| Any time you put money away for any reason, it is considered savings. It doesn't matter whether you are putting it into a 401k, and IRA, a CD, or a savings account. |
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| Staggs |
| Posted: Wed Mar 19, 2008 3:45 pm Post subject: |
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Investing Sr. Associate
Joined: 19 Jun 2007
Posts: 183
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Location: Wisconsin
6555.02 e$
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| I truely believe savings are savings. 401K, I'll get back to you in 30 - 40 years. |
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| spencer |
| Posted: Fri May 30, 2008 3:38 am Post subject: |
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Investing Associate
Joined: 09 May 2008
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| Yes, I would consider that to be savings. |
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| creditfiles |
| Posted: Tue Oct 07, 2008 3:38 pm Post subject: |
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New Poster
Joined: 07 Oct 2008
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| right now 401 is really down...people lost alot of there money |
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| eamoses |
| Posted: Tue Oct 07, 2008 5:00 pm Post subject: |
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Investing Manager
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| yeah, that is true, but at the same time not so much-- only those who are currently depending on that money are affected that much... if that is the case then they were already in the wrong investments for this phase of their life. for the majority of us this is now a buying opportunity- prices are lower and in the next five years should be back close to the former high and maybe even higher. if you are nearing your retirement age you will have to adjust your investments- though you will probably have to wait a bit longer- if not then you did lose a lot. |
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| Helter Skelter |
| Posted: Tue Nov 25, 2008 10:19 am Post subject: |
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Investing Sr. Associate
Joined: 16 Apr 2006
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Location: Northern Utah
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| creditfiles wrote: | | right now 401 is really down...people lost alot of there money |
Yep, I'm down 70% YTD.... But, I still have 40 years to make that up. I really do hope that the market makes a recovery by then!  |
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| johnlvs2run |
| Posted: Sat Nov 29, 2008 10:55 am Post subject: |
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New Poster
Joined: 28 Nov 2008
Posts: 5
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6432.70 e$
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| 401k's are terrible because you have no control of your assets. |
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