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Chicago Mike sayeth:
<I think we need to bring this Roth love-fest back down to earth. I've seen some statements made here that are a little too inflexible for my liking. <snip> <We both have excellent 401Ks with company matching that we contribute the maximum matched percentage to each month. For us, adding more retirement savings doesn't make a lot of sense. >

I'll offer a contradicting point of view here. My 401K plan is administered through Fidelity, which presently doesn't have a fund that is offered to me that can sniff even the S&P index. I was pouring 15% (the max) into it because until the Roth IRA, it was the best available option. Now I'm cutting back a couple of percentage points on the 401k, and adding $2,000/year into a Roth, which is self-directed. I can now choose how I'd like my money invested, rather than rely on Fidelity for underperformance. If my investments can't beat the market, at least I'll be able to blame myself. So really, I'm not adding more retirement money, just utilizing it in a different way.

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