It makes sense to max up your 401K AND be sure it is well invested as you go. If you plan permits change your withholding ASAP to max out this year. You cannot "contribute" per se, so you must change withholding. Do make sure its well invested.It makes sense to max up your ROTH IRA the sooner the better. A number of places starting with Vanguard are cost effective. (You can change later if you don't like them) In my opinion it makes a lot of sense, if you don't have much skill, to pick a couple of the better stock index funds at your young age. They are tax efficient. Again look at Vanguard's stable. If you have any credit card debt, that's very expensive and not deductible. Pay if off and KEEP it off.Its not a lot but you can put $500 into each kids educational IRA each year, tax efficient and its sort of a forced savings plan. Some states have tuition prepayment plans, some but not all are ok. Check them out. It will be that time before you know it.If you are really lousy at money management, have some X in the woodwork, a lousy lover, sticky fingered relatives, and other forms of predators and creditors you might want to consider working with a skilled estate planning attorney in the area of asset protection. I'm talking about putting bulk of your funds into some sort of trust were it becomes very difficult for anyone to raid them beyond say some 6% annual income payout or the like. You are going to pay a fee for all this but you will sleep a whole lot better.
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