LogFAQs > #928934224

SpeedDemon20 posted...

I maxed out IRA contributions for the year and contribute enough to my 401k to get the company match. It spooks me how financially illiterate some people are. I'm not even super literate, I just read a few articles.

I was talking about it recently with some people (really they let me give a general explanation and asked questions). The first offender is the woman I'm sorta dating. She doesn't contribute anything to her 401k because she doesn't like having less money in her paychecks and she doesn't know she'll live that long.
@_@

Everyone else didn't say much except, "Wow, you sound really grown up. I just do what HR told me to do." Which is probably fine. HR should understand the company's 401k plan and how much to contribute.

what's your asset allocation? i'm 40/40/20 stock/bond/gold.