Props to the GAM's and admins for the new forum!
Now, on to our little discussion.... How does all the ppl here save up for retirement? Most likely everyone pumps money into their 401(k), but how much do you contribute? And how do you distribute (amongst bonds, stocks, money market funds, etc...)?
I have plenty of time to save up (I'm only 22, so... retirement wont be for awhile...
) So invest agressively (high risk, higher potential return) at first and then tone it down and be more conservative as you get older? Also, do you contribute
after taxes? My company matches 75 cents to the dollar up to 8%, so its not that shabby.
Oh, and isnt there a law on how much you can contribute per year?
Love to hear your thoughts on this.
-daUnit