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Financial Planning / Foolish 401(k)s
|Subject: Will I have enough?||Date: 11/29/1999 8:40 AM|
|Author: PBH||Number: 4787 of 25318|
I am just about to turn 31, and I am really just starting to invest in a few select stocks. I am enjoying it, and beginning to see some return.
I have worked for the same company for 7 years, and have contributed heavily to our 401(k) program. I don't consider the plan to be a strong one.
I guess my question, or concern is how can I figure out where I will be financially in 25 years? I also don't know whether or not to stop contributing so heavily to the weak 401(k) and start place the extra cash into additional stock ventures.
I do have $42K in the 401(k) plan, and contribute about
$700 montlhy on a pre-tax basis.
Any help or advice would be great!
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