tag:blogger.com,1999:blog-4801338959407904455.post5455411304729083462..comments2024-02-26T09:19:52.535-05:00Comments on Adventures of Sam: Invest Now or Invest Later?Samhttp://www.blogger.com/profile/18434037543456159718noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4801338959407904455.post-56684456665304893872011-05-21T14:42:13.908-04:002011-05-21T14:42:13.908-04:00I lose out on company contributions if I don't...I lose out on company contributions if I don't dollar cost average in my 401K over the entire year. My employer lets me contribute up to 25% of pay into the 401K. They match 75 cents on the dollar on the first 8%. If I go high in my contribution % early in the year to fund it, I miss out on free money later in the year. <br /><br />That said, once I max out my IRS limits for the year, my employee gives me the option to continue to contribute after tax dollars. So I have 22% taken out, each pay check all year long. It gets more expensive later in the year, when it switches to after tax dollars but the 401k continues to grow and I never see the funds so I don't miss it. <br /><br />I tell my wife, the only down side of my plan is that I aggressively save now for a comfortable early retirement, but if I die early her next husband then gets to enjoy "my" wife and blow through my lifetime of savings. :-(Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4801338959407904455.post-86900098228604763482011-05-18T11:00:09.865-04:002011-05-18T11:00:09.865-04:00Great article - thank you! I'm still partial t...Great article - thank you! I'm still partial to dollar-cost averaging however. Here's a 2010 article at Forbes that reflects my sentiments: http://www.forbes.com/2010/09/20/safe-investing-stocks-personal-finance-new-rules_2.html<br /><br />A reader in NYAnonymousnoreply@blogger.com