wab said:Just a few minor points nobody has mentioned:
1) If your employer offers a match on the 401(k), then go with the 401(k). No brainer.
2) If you want to save more than $4000/year, go with the 401(k).
3) If you're in the 33% tax bracket, I think that means you're not elligible for a Roth. Go with the 401(k).
Martha said:I think he was talking about a Roth 401k, which does not have the eligibilty limits and contribution limits of a Roth IRA.
Aronnax said:I feel like there are too many unknowns to make a good decision.
maddythebeagle said:I think also, that you can NOT mix and match on the 401k. You have to either pick one or the other (roth or traditional).
Also, you mentioned Scott Burns. I heard him recently say that he likes Roth's because he sees some folks saving TOO much and taking out deferred money at higher rates. I suspect that isnt as big a problem for FIRE types, though... and more for slaves with high savings rates working late in life...for whatever reason....
LOL! said:Anyone else digest the Vanguard analysis?