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The Water Cooler
General Discussion
401k contribution - Yay or Nay
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<blockquote data-quote="xseler" data-source="post: 3889453" data-attributes="member: 43753"><p>Since the 401K is pre-tax, you'll not even notice a difference in your paycheck. Like mentioned above, it's free money. Even if the market drops 20%, you were making a 100% return on the money --- which means you are still far ahead!! It's also beneficial that you're still young. Time in the market makes a very big difference in your end result.</p><p></p><p>Just do it!!</p></blockquote><p></p>
[QUOTE="xseler, post: 3889453, member: 43753"] Since the 401K is pre-tax, you'll not even notice a difference in your paycheck. Like mentioned above, it's free money. Even if the market drops 20%, you were making a 100% return on the money --- which means you are still far ahead!! It's also beneficial that you're still young. Time in the market makes a very big difference in your end result. Just do it!! [/QUOTE]
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401k contribution - Yay or Nay
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