Quote:
Originally Posted by justplugit
Yes, and after 70 and 1/2, when you are required to start withdrawing, the percent required increases every year for withdrawal. If any of the withdrawal is reinvested, it is then subject to regular income tax . Still the best plan out there, especially if you get employee matches.
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All in all, I would rather have to complain about MY money than complain about not having any money.
Or.... I'd rather have to deal with my retirement funds instead of having to work when I should be retired.
How many think that Social Security will be their "retuirement funds", or will be there at all when they retire???
My main concern now is wether we will be on the gold standard by the time I retire, or if we will still be the "United States" of America.
Too many variables to give any kind of answer right now.