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Retirement thread
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<blockquote data-quote="jayphizzle" data-source="post: 405041" data-attributes="member: 2032"><p>Im going to chime in on the Roth IRA v 401k topic of discussion. The way I was taught, you ALWAYS match the max deferment that your company will allow thus maxing out the benefit of the FREE money from your respective employer. Any more money you would like to defer, invest in a Roth IRA. This is how I am currently doing it and it seems to be beneficial. Not putting any faith in Social Security. I am 31 at this time and financially comfortable. Working on the debt free lifestyle, maybe in 5-10 years. After that, I plan on buying up rental properties as I can maintain anything.</p></blockquote><p></p>
[QUOTE="jayphizzle, post: 405041, member: 2032"] Im going to chime in on the Roth IRA v 401k topic of discussion. The way I was taught, you ALWAYS match the max deferment that your company will allow thus maxing out the benefit of the FREE money from your respective employer. Any more money you would like to defer, invest in a Roth IRA. This is how I am currently doing it and it seems to be beneficial. Not putting any faith in Social Security. I am 31 at this time and financially comfortable. Working on the debt free lifestyle, maybe in 5-10 years. After that, I plan on buying up rental properties as I can maintain anything. [/QUOTE]
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