On Thu, 22 Jul 2010 11:49:19 -0700, "nom=de=plume"
wrote:


"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 10:14:04 -0700, "nom=de=plume"
wrote:


i'd thought about that but the matching from my employer's 401K is
pretty good...i also have been talking with my funds manager about the
slowing of the economy to see where we go from here.



At 55 you'd still see some benefit but it wouldn't be as good. I'd
definitely fund your 401K with the match but no more. The problem is that
taxes will increase, and you're going to have to take the money out at some
point. Even if you can offset somewhat, it'll still help.

yeah i've been doing the minimum for awhile. lots of managers
recommend putting 10-20% in but no one has that kind of money and it's
nonsense to do that when it's far from certain wall street has a clue
about anything