Retirement

My wife & I are currently debt free and within 2 years of retirement. Should we be funding our 457/403 plans as much as possible?

Terry Says:  Well, my immediate reaction is to say, of course you should save as much as possible within your plan because you get a tax deduction for your contributions and tax-deferred growth for the coming years.  And of course, you should always contribute to get a matching contribution.  But without knowing your ages, your assets, your debts, your plans for retirement — and specifically how much money you have outside your retirement plan in after-tax savings, it’s hard to make a blanket statement on that.  This is why you need a financial planner.  Or go to Fidelity or Vanguard, or I especially like the T. Rowe Price financial planning service for those nearing retirement.  You not only get good investment advice, but planning and withdrawal advice, as well.