> -----Original Message-----
> From: William Bowen [mailto:william.bo...@gmail.com]
> Sent: Saturday, March 07, 2009 3:12 PM
> To: cf-community
> Subject: Re: Well... that was depressing (Retirement Funds)
> 
> 
> > Well... my company matches 4% as long as you contribute 3% so I've
> left it
> > at 3% (was doing 12% - and felt so damn responsible about it).
> 
> mine grants 2% so that no one is without a 401(k) in the company.
> Pretty decent of them.
> 
> they'll match an additional 5%
> 
> so I have 7% of my check going to my 401(k) and with their additional
> 7% it's pretty nice.
> 
> :-)
> 
> for me, the pre-tax nature of the contribution means i get more bang
> for the buck than if I funneled the taxed amount into my bank account.

If I had no other debt I'd agree... but at this point I'd rather see this
money paying off increasingly high-interest credit cards than sitting there.
Once that debt's paid off I'll up the contribution again... but more
conservatively than before.

Jim Davis


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