401 k. Contribution
Love you on wgn radio, thanks.
I moved my 401 k contribution in February from $300 to $525 a month. The extra contribution will not hurt my bank account right away. Should I scale back to $300 because of the the crazy market/crazy iran war?
Thanks
Terry Says
We are 10% away from all-time highs in the stock market. Everyone who ever cut back out of fear has missed out on some great growth. Yes, it could be scary for a while. But your fixed contribution will buy more shares if prices are lower!
And, you could decide on investing some of the money in the most conservative fund inside your plan.
