Posted on Mar 24, 2021
11 Worrying 401(K) Mistakes That Will Derail Your Retirement Plans - Retired in America
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Posted 3 y ago
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Article also mentions other important notes: diversity of investments (avoiding investing too much into company), increase contributions if you get promotion or raise, etc.
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All good points and advise. I remember I started learning about personal finances/investments at my chiropractor’s office; he always had Money Magazine in his waiting area and I learned a lot from them, even subscribed a few years. You are right about increase contributions; my wife and I increased our mortgage payments when I received promotions with most of the pay raises. We paid off a 30 year note in 17 years. Boy am I glad we did that. :)
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