Personal Finance and Investing

Submariner

(12,746 posts)

1. Save more, save consistently, save longer...and you'll have a bigger nest egg.

Reply to Common Sense Party (Original post)

Tue Jan 17, 2012, 06:23 PM

Jan 2012

Yeah...sure...that's the ticket.

Get in on the 401(k) scam early like I did (1985) so that in 2008 you too can watch the Bush/Cheney republican crook machine play their derivatives games, and other financial trickery, to rip-off 40% of the nest egg just before retirement.

I got suckered into the 401(k) scheme when I should have just put it in a savings account. I try not to think about it because then it makes me want to go postal and blow away republican bankers.

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Highlight:

Secrets of the 401(k) Millionaires [View all] Common Sense Party Jan 2012 OP

Save more, save consistently, save longer...and you'll have a bigger nest egg. Submariner Jan 2012 #1

When did you retire? Common Sense Party Jan 2012 #2

Too much money.... AnneD Mar 2012 #6

"You can only begin investing a a certain income level." Common Sense Party Mar 2012 #7

Depends on the individual's circumstances but.... AnneD Mar 2012 #8

It definitely depends, since I know people earning less than $20,000 who are saving 3-5% of their Common Sense Party Mar 2012 #9

Again, you can save at any level.... AnneD Mar 2012 #10

Only with steady employment supernova Jan 2012 #3

What's that part about the 3.5% annual raise? JustABozoOnThisBus Mar 2012 #4

So would the 7% annual returns. Common Sense Party Mar 2012 #5

Younger guy here... GreenMask Jul 2012 #11

You sound like you're doing well. Common Sense Party Jul 2012 #12