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Old 11-16-2012, 02:45 PM   #11
boozehound
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Default Re: Invest in 401K or pass it up and keep entire pay?

Quote:
Originally Posted by -p.tiddy-
if your company is willing to match you on your 401k you would be a fool not to do it...

invest whatever it is your company matches

if your company matches 5%, then invest 5%...
This. Now, it seems like matching contributions are less common than they were. If you are young (below say 26 or so), it may make as much sense to take the extra salary (presuming no match) now and using it as a downpayment on a car or house or other reasonable property investment.
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