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"401ks are total bull ****"


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This quote deserves its own thread.

 

"401Ks are total bull ****"

 

David...please explain this comment

 

Most 401k plans have contributions capped at maybe 4%, with maybe a 50% match, and you're exposed to market risk. Social Security is 5.2%, with a 100% employer match, and no risk because it's the government, baby!

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Most 401k plans have contributions capped at maybe 4%, with maybe a 50% match, and you're exposed to market risk. Social Security is 5.2%, with a 100% employer match, and no risk because it's the government, baby!

 

And those evil bastards charge fees. censored.gif

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What's that in your mouth? His thousandth hook? Fool you once, shame on you, fool you 2000 times, you're a moron .

 

 

The good thing about kids is that you can throw them a toy and watch them twitch and squirt around. Very entertaining.

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