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Financial Planning / Foolish 401(k)s

URL:  http://boards.fool.com/you-start-off-with-a-refrence-to-a-hobbit-and-with-18373936.aspx

Subject:  Re: New Fool needs advice Date:  1/3/2003  3:57 PM
Author:  FuskieFool Number:  15671 of 25838

You start off with a refrence to a hobbit and with the Force. You are truly a techie... <grin>

You have already gotten some other opinions so let me give my 2 cents worth. You are young but with a lot of potential life costs (especially if you choose to populate that new house with little techies). After contributing to your 401K, you have $400/month left over. The first thing you do is ignore what all the old fogies at the office are doing and focus on what your needs are.

Let's take a step back and evaluate your goals. First, you want to retire sometime around age 6