At age 28, chances are there will be at least a couple nasty market downs, some significant inflation and a few other events between now and when you get to 65 or 70. That said, there is a good amount of history that says invest in stocks (as opposed to bonds, CDs, etc.)Most employer sponsered plans have limited options and also limit how often you can change and/or transfer funds. I would suggest you look up all the fund options in Morningstar, ignore results over any time period less then 5 years. Check to see if the manager has changed in the last year or so (if there are multiple managers, chances of a big change in approach are less likly even if one has changed). Pick the fund with the highest rating and return over a long period of time.If your employer matches your contributions (even if it is only 25 cents for every dollar) put at least that amount in the 401K. That is free, tax defered dollars. Those dollars are more equal.After that I agree with paying off your credit card debt.Next look at the trade off between Student Loans and 401K. What you are doing will amaze you in 30 years. I put some funds in and IRA when they first were created back in the 70s. It is amazing how a few dollars a month is not a large pile of retirement money.GordonAtlanta
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