I would try to talk to your employer and see if they would change the investments, ... You might as well try if the choices stink or the offerings are really expensive.

272

Delaying is really costly. If you don't have time on your side, you don't have compounding.

168

Most definitely you should put money in a 401(k) as well as an IRA if you can afford to do it, ... The problem most people have is trying to get one dollar chase multiple needs. If they've got too much saved in retirement plans and not enough outside of them, they've over-allocated retirement. So first make sure you're saving the proper amount.

161

It's double taxation and fairly dumb. In my opinion it doesn't make a lot of sense to consider the non-deductible IRA route.

156

That money comes out with no taxes at all. That's truly amazing.

142

Wrong, wrong, wrong, stupid. Taking the money out is absolutely the worst thing to do. You see people after years have all of their gains wiped out.

115

It's not very exotic, ... It's straightforward, logical thinking. But people get stymied. I don't think people think about making their money work for them at all, let alone how to make their money work for them when it comes to retirement investing with their 401(k) and IRA.

92