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The Money Mustache Community
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401k is a bad place to save -- according to this article
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Topic: 401k is a bad place to save -- according to this article (Read 2172 times)
Crystal1588
5 O'Clock Shadow
Posts: 56
401k is a bad place to save -- according to this article
«
on:
June 08, 2016, 08:23:55 AM »
http://wealth.kiplinger.com/reader/kiplinger/why-your-401-k-slash-403-b-is-one-of-the-worst-ways-to-save-for-a-comfortable-retirement?rid=SYN-yahoo&rpageid=14986&yptr=yahoo
Thoughts?
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dandarc
Walrus Stache
Posts: 5488
Age: 41
Pronouns: he/him/his
Re: 401k is a bad place to save -- according to this article
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Reply #1 on:
June 08, 2016, 08:32:20 AM »
Someone beat you to it:
http://forum.mrmoneymustache.com/antimustachian-wall-of-shame-and-comedy/401(k)-is-the-worst-way-to-save-for-retirement/
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CmFtns
Pencil Stache
Posts: 583
Age: 33
Location: Melbourne, Fl
Re: 401k is a bad place to save -- according to this article
«
Reply #2 on:
June 08, 2016, 08:33:36 AM »
Every reason he says only applies if you are going to spend a lot of money in retirement
I don't plan to... I actually plan to never pay any tax on my 401k contributions by having a low income.
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Crystal1588
5 O'Clock Shadow
Posts: 56
Re: 401k is a bad place to save -- according to this article
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Reply #3 on:
June 08, 2016, 08:39:10 AM »
Whoops! I looked in the "on the web" section but didn't see it.
Thanks for the heads up :)
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401k is a bad place to save -- according to this article