UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: activeREinvestor Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 78331  
Subject: Re: Too much in a 401K Date: 1/3/2005 5:13 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0

Great reply.

Some folks assume 'retirement' means holding only investments that can be liquidated with a phone call or are managed in a fashion that produces a monthly check and no work.

Others think of investing more like a garden where there is care and feeding even if the owner is 'retired'.

There is a point in time when a person cannot active manage anything. Maybe in the minutes before death or maybe for 10+ years when they have difficulty remembering things.

I like the idea of the 3 apartment buildings but acknowledge that they require some specialized knowledge. Hence there likely needs to be some active estate planning and management decisions.

Holding all cash or fixed income assets such as bonds is only one alternative.

Coming back to the original question.

I would say that it might be important to fund the college expenses in a way that is efficient rather then funding further a 401K. This is based on my assumptions that most college expenses happen before retirement so need an earlier solution.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.