Comments on: 6 Reasons Not to Max Your 401k http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/ Helping People Find, Keep and Enjoy Their Money Tue, 20 Dec 2011 16:21:36 +0000 hourly 1 http://wordpress.org/?v= By: Sample Hardship letter http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-381 Sample Hardship letter Mon, 18 Jan 2010 06:48:08 +0000 http://evolutionofwealth.com/?p=171#comment-381 Great post! keep them comin... thanks for all your hard work. Great post! keep them comin… thanks for all your hard work.

]]> By: Evolution Of Wealth http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-222 Evolution Of Wealth Wed, 02 Dec 2009 13:54:14 +0000 http://evolutionofwealth.com/?p=171#comment-222 Thank you for your comment. You are welcome to disagree. I'm actually a supporter of 401ks when used properly. I just find so many people only use a 401k. They put all there money into it thinking it will be their retirement savior. It's marketed by all the financial companies as the best thing for retirement and it can be when used properly. The financial companies just want your money because that's how they make money. I do have to really disagree with your last statement because a 401k does NOT necessarily help you grow wealth "fast and without having to risk everything". Thank you for your comment. You are welcome to disagree. I’m actually a supporter of 401ks when used properly. I just find so many people only use a 401k. They put all there money into it thinking it will be their retirement savior. It’s marketed by all the financial companies as the best thing for retirement and it can be when used properly. The financial companies just want your money because that’s how they make money.
I do have to really disagree with your last statement because a 401k does NOT necessarily help you grow wealth “fast and without having to risk everything”.

]]> By: Fern Alix LaRocca CFP® http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-218 Fern Alix LaRocca CFP® Wed, 02 Dec 2009 05:41:16 +0000 http://evolutionofwealth.com/?p=171#comment-218 Sorry, I disagree. Yes, you give up liquidity - but you gain sooo much because of the power of tax savings and tax deferred growth. Obviously you should have other liquid assets too. 401Kplans have more investment options to choose from than ever before--if you want wealth ----fast and without having to risk everything- then max out on your 401K. Sorry, I disagree. Yes, you give up liquidity – but you gain sooo much because of the power of tax savings and tax deferred growth. Obviously you should have other liquid assets too.
401Kplans have more investment options to choose from than ever before–if you want wealth —-fast and without having to risk everything- then max out on your 401K.

]]> By: Friday Finance Findings for August 21st | Finance Money Financial News http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-44 Friday Finance Findings for August 21st | Finance Money Financial News Mon, 24 Aug 2009 14:19:05 +0000 http://evolutionofwealth.com/?p=171#comment-44 [...] 6 Reasons Not to Max Your 401k – Conventional wisdom says we should max out our 401(k) plans, but is that always the best idea? Here are some things to consider that highlight some reasons it might not be the best idea. [...] [...] 6 Reasons Not to Max Your 401k – Conventional wisdom says we should max out our 401(k) plans, but is that always the best idea? Here are some things to consider that highlight some reasons it might not be the best idea. [...]

]]> By: Friday Finance Findings for August 21st | MORTGAGES http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-43 Friday Finance Findings for August 21st | MORTGAGES Fri, 21 Aug 2009 19:52:04 +0000 http://evolutionofwealth.com/?p=171#comment-43 [...] 6 Reasons Not to Max Your 401k – Conventional wisdom says we should max out our 401(k) plans, but is that always the best idea? Here are some things to consider that highlight some reasons it might not be the best idea. [...] [...] 6 Reasons Not to Max Your 401k – Conventional wisdom says we should max out our 401(k) plans, but is that always the best idea? Here are some things to consider that highlight some reasons it might not be the best idea. [...]

]]> By: EvolutionOfWealth http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-42 EvolutionOfWealth Fri, 21 Aug 2009 19:17:24 +0000 http://evolutionofwealth.com/?p=171#comment-42 Thank you for giving me the idea for the post. I'm glad you enjoyed it. Let me know what your wife thinks of it. I love hearing people's take. Thank you for giving me the idea for the post. I’m glad you enjoyed it. Let me know what your wife thinks of it. I love hearing people’s take.

]]> By: Friday Finance Findings for August 21st : Generation X Finance http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-41 Friday Finance Findings for August 21st : Generation X Finance Fri, 21 Aug 2009 13:23:07 +0000 http://evolutionofwealth.com/?p=171#comment-41 [...] 6 Reasons Not to Max Your 401k – Conventional wisdom says we should max out our 401(k) plans, but is that always the best idea? Here are some things to consider that highlight some reasons it might not be the best idea. [...] [...] 6 Reasons Not to Max Your 401k – Conventional wisdom says we should max out our 401(k) plans, but is that always the best idea? Here are some things to consider that highlight some reasons it might not be the best idea. [...]

]]> By: John Scott Smith http://evolutionofwealth.com/2009/08/6-reasons-not-to-max-your-401k/comment-page-1/#comment-40 John Scott Smith Thu, 20 Aug 2009 18:07:44 +0000 http://evolutionofwealth.com/?p=171#comment-40 Very good article! And, I couldn't agree, more, with your position on the tax issue. With the national debt at $11.734 TRILLION dollars, taxes have nowhere to go but up in order to keep inflation at bay while keeping the U.S. solvent. I'm going to forward this to my wife (who was already of this opinion.) John Scott Smith @JohnScottSmith Very good article! And, I couldn’t agree, more, with your position on the tax issue. With the national debt at $11.734 TRILLION dollars, taxes have nowhere to go but up in order to keep inflation at bay while keeping the U.S. solvent.

I’m going to forward this to my wife (who was already of this opinion.)

John Scott Smith

@JohnScottSmith

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