Quote:
Originally Posted by Bearcat
I'm in my early 40s and have been talking with a financial guru about long term investments, getting previous employer 401ks in a better spot, and general retirement planning.
At best, just about everyone is really surprised I would do such a thing... and then some people specifically say I'm too young to be thinking about retirement. 
And at worst, my financial guy was going to put some money in some 10 year investment, but he found out no one would do that because I'm ~10 years too young.  
Hell, it's not like my optimal plan is to retire at 67+ in 25+ years. |
I once had a 55 year old woman working for me and she didn't do the 401k. It made zero sense to me that she wouldn't at least do it up to the employer match. It's free money sitting there. She was living with her elderly mother and I assume was just planning to get the house when she passed away or something like that. There is a reason some people will never produce generational wealth to pass down to their kids.