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1: Dec 3, 14:19
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Posts: 160
In response to
"
why, at 6% he is still socking away 10%, which is advisable.
"
by
groiny
The advice I always hear is to contribute up to the match. -- nm
Posted by
loosilu (aka loosilu2)
Dec 7 '09, 14:30
(No message)
Responses:
sure, but I also hear that 10% is the magic number for retirement savings....
-
groiny
Dec 7, 14:35
6
that's the ideal, sure. but from a personal liquidity standpoint, it's more efficient for me to use the funds elsewhere in the short-term.
-
znufrii
Dec 7, 14:36
2
I agree you need to address the CC debt. what's the rate on your student loans? -- nm
-
loosilu
Dec 7, 14:38
to each his own.. nm -- nm
-
groiny
Dec 7, 14:37
well, if he has credit card debt it makes sense to attack that. -- nm
-
loosilu
Dec 7, 14:36
2
if he has credit card debt, I would not be stashing any $ until it is gone. nm -- nm
-
groiny
Dec 7, 14:36
1
but for the company match, I wouldn't be. -- nm
-
znufrii
Dec 7, 14:37
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