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A little late is not too late. As was mentioned, contribute at least enough to gain the full company match, then set aside $153.84 per biweekly paycheck for a 2005 Roth IRA contribution (if you can swing it, a $3000 2004 contribution would be Foolish as well). Also, if you do not have an eFund valued at 3-6 months living expenses, you should.

30yrs old is not too late to get started. You still have 30-40 years before retirement and should be able to handle the risk of an equity allocation. I would suggest an allocation that puts 5-10% into high-yield income producting bond funds, 10-15% in international equities, 30% in large cap domestic equities, 30% in mid cap domestic equities, and 20% in small cap domestic equities.

If you want to grow your investment base as much as possible, focus on income over growth where your dividend gains help accumulate shares. Growth companies might be found in funds that look for those whose potential is undervalued by the market. Figure out what your 401k does best, and then use your RIRA to cover the spread of your chosen asset allocation.

Who encourages you to develop a strategy, put it in motion, and then ride the wave...
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