Added: 2 years ago
From: komputroniks
Views: 12,795
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  • Had I put $15,000 a year into a SAVINGS ACCOUNT (instead of my 401k) I would have $225,000 right now, and I'm not even figuring interest into the equation. (My 401k is about HALF this amount.)

    I could withdraw (from a savings account) anytime I want, tax paid, NO penalties, NO fees. I could wipe out my entire mortgage in one shot TODAY, and still have tens of thousands left over.

    I am NOT whining... I am NOT complaining...

    I AM WARNING ALL YOU YOUNG PEOPLE! STAY AWAY FROM 401Ks!

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