No. of Recommendations: 0
A few thoughts (repeating some that has been stated)

--what is your debts? This should be priority #1. Makes no since to invest and maybe get a return of 7% when your credit cards are costly 18%. I also think its smarter to payoff student loans, etc., as soon as possible even if they are at extremely low rates. Owing nothing to no one leaves more options open.

--do you have 6 months living expenses saved in CD/money market account? Why so much? Most disability insurances don't kick in until then. Plus, it might take you that long to find a job if you change employment of get fired. If not longer.

--401k I'd do to get company match and no more. When leaving, put it into a rollover IRA. It would be better to keep this separate from any normal IRA last time I checked.

--max out Roth IRA if qualified or traditional if not.

--then worry about doing non-tax advantaged investing.

JLC
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.