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Old 09-10-2016, 02:43 PM   #389
ChiliConCarnage ChiliConCarnage is offline
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Join Date: Apr 2008
Location: yes
Casino cash: $-1881532
Quote:
Originally Posted by lewdog View Post
I hope so too. If he doesn't, he needs to be maxing it out every year from here on out and probably have some side investments too.

I also have switched most of my 401k over to index funds. If I want to tilt my portfolio to a certain sector, I do that in my Roth IRA.
An IRA is another thing to mention. If he's doing 10%, he may be much better off only matching his 401k. Depends on his 401k but it's frequently true. If 25k is really what he has total then he should do everything he can to get as much in as possible.

He might want to look into places to retire in South/central America. Panama, Costa Rica maybe
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