SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (116531)5/27/2005 7:19:46 AM
From: kumar  Read Replies (1) | Respond to of 793755
 
i would have put it all in a 401k program

I did that too - advantage with 401K is employer contributes too... In Australia they call it "Superannnuation Fund" - same concept as 401K, I can not touch that money till retired. Meets my requirement of "do not touch until...".



To: John Carragher who wrote (116531)5/27/2005 9:24:39 AM
From: unclewest  Respond to of 793755
 
Recalculate.
Your assumed interest rate (4%) is too low.

Long Term CDs have been available at much higher rates for most if not all of that 35 years including the past few with the prime rate very low.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News