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ctsnowman

(1,903 posts) Fri Apr 26, 2013, 08:31 AM Apr 2013

If you have a 401K

http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/

3 replies

= new reply since forum marked as read

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If you have a 401K (Original Post) ctsnowman Apr 2013 OP

So what is the best way to save for retirement? adigal Apr 2013 #1

If you have time watch the program. 401Ks are still the best but you have to pick the right ones ctsnowman Apr 2013 #2

I have a IRA at a bank. RC Apr 2013 #3

adigal

(7,581 posts)

1. So what is the best way to save for retirement?

Reply to ctsnowman (Original post)

Fri Apr 26, 2013, 08:38 AM

Apr 2013

I am 51, have 4 years to retirement, and need to catch up. I can work until 62, but there is no way I am going to do that!! I do have a small pottery and jewelry business on the side, which I hope to grow. I will get a pension, but I will get more if I wait until I am 62, and my husband has a pension.

So what is the best way to save for retirement?? All of these warnings about the 401k, but where is the advice for smart retirement plans?? Are we back to under the mattress?

ctsnowman

(1,903 posts)

2. If you have time watch the program. 401Ks are still the best but you have to pick the right ones

Reply to adigal (Reply #1)

Fri Apr 26, 2013, 08:40 AM

Apr 2013

Read the chat they had too very good info there. I know it takes time but... if you can.

RC

(25,592 posts)

3. I have a IRA at a bank.

Reply to adigal (Reply #1)

Fri Apr 26, 2013, 09:16 AM

Apr 2013

It is basically a CD with different rules. The value does not fluctuate with the stock market. Talk with a trusted regional bank.

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