Recent content by tranceFusion

Oh haha, I see. Well, it would be alot easier if joint retirement was permitted. We both make sacrifices that benefit the other.. it is a shame for it to feel like those sacrifices are in direct conflict with maximizing one's retirement.

But what is it that makes you uncomfortable? If you die, she gets the money, and if you divorce, the money is going to get split up anyway, right? I'm just trying to make sure I am not missing something here.

We both contribute more than enough to capture the match by our employers. However, we can't afford to max out both of our maximum 401k + IRA contributions annually. So I guess the question really is, what's the best plan for what to do with the excess (above the match). I'd rather steer away...

Sorry, I meant mandatory withdrawals due to age... in other words, I am not sure if there is a significant negative or positive effect given that I will be allowed distribution earlier (and forced distribution earlier). And, I am not sure that it is necessarily a given that I should max...

My wife and I both work, and have Roth and Traditional 401ks and IRAs. However, I have more retirement savings than her because I have been working longer and make more. I am a year and a half older than her. We aren't maxing out our contributions to all accounts. I am wondering if there is...