On Fri, Aug 5, 2011 at 10:57 AM, Jerry Barnes <[email protected]> wrote:
> > "I mean, you only lost money vs. your coworker if you were to cash out > right > now....right?" > > If I cashed out now, I would lose money. I'll be holding pat for a while. > > Ironically, last week I sat down and calculated how much it would cost to > cash out my 401k's. No real intention of doing it, but just curious. > > If I would have cashed out last week, I would be ahead now even after taxes > and the early withdrawal penalty. > > Just an interesting exercise. > > Yep, 401K's are a great investment option, mostly because of the free company money! 3% or 5% or whatever may seem like a small amount, but it adds up. Sometimes i'm shocked when I read the "company matched" portion on my 401K statements. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:341296 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
