2006-06-21 13:20:31 · 6 answers · asked by GPS navigation will be standard 1 in Business & Finance ➔ Personal Finance
Start when you can... employer's match... sounds like free money. catchup? well look at as much literature as you can and try to guess whether you'll take it out faster than you put it in.
2006-06-21 13:25:59 · answer #1 · answered by Steven A 3 · 0⤊ 0⤋
I am not old enough to do the catchup part of the program, but I am putting in everything I can afford and adding 1 % every 3 months till i get maxed out with employer match. At 60 it would be best to put in as much as you can. You will need it in a few years.
2006-06-22 17:22:38 · answer #2 · answered by Itsme 3 · 0⤊ 0⤋
it's not only ok ... it's the best thing you've ever done to yourself.
maxed it + catchup and then, if you're still able, open a ROTH IRA account. you'll only have yourself to thank for whenever you decide to throw in the towel....
2006-06-21 13:26:01 · answer #3 · answered by millertime 2 · 0⤊ 0⤋
Certainly. A great website that deals with financial issues is www.daveramsey.com. I think Dave has a phone number you can call too.
2006-06-21 13:28:51 · answer #4 · answered by pjflyboy9 2 · 0⤊ 0⤋
It is absolutely O.K.. You would be silly not to.
2006-06-21 13:23:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋
HECK YEAH!!!
2006-06-21 14:54:39 · answer #6 · answered by Nick C 3 · 0⤊ 0⤋