401k question for desis IT

[hydusguy]

why are we focusing on 401k more contributions.. which we take at 60 without penalty. 

please give me advantages i am looking to contribute more

as life expectancy of indians is at 70.

inka IT engineers expectancy cheppalsina avasaram ledu.

[HugoStrange]

9 minutes ago, hydusguy said:

why are we focusing on 401k more contributions.. which we take at 67 without penalty. 

please give me advantages i am looking to contribute more

as life expectancy of indians is at 70.

inka IT engineers expectancy cheppalsina avasaram ledu.

u can take out from 59 and half years, where did you come up with 67? 

[DallasKarreBaluGandu]

20 minutes ago, hydusguy said:

why are we focusing on 401k more contributions.. which we take at 67 without penalty. 

please give me advantages i am looking to contribute more

as life expectancy of indians is at 70.

inka IT engineers expectancy cheppalsina avasaram ledu.

Who told anna 70 kastam 

30 lo potthunnaru anna desis 

cc @DallasBaluKarry

[hydusguy]

18 minutes ago, HugoStrange said:

u can take out from 59 and half years, where did you come up with 67? 

u r right.. but 60 kuda aekuve.. IT bodies.. for atleast 50%

[HugoStrange]

1 hour ago, hydusguy said:

u r right.. but 60 kuda aekuve.. IT bodies.. for atleast 50%

if u think u wont live past 60, dont invest bro. Ur wife might live past that, she can use, ur kids can use. 

[hydusguy]

life insurance alrdy inplace for it. but 59 not bad i was thinking 67

[HugoStrange]

9 minutes ago, hydusguy said:

life insurance alrdy inplace for it. but 59 not bad i was thinking 67

just in case nuvu poledu anuko, appudu em chesthav?

[hydusguy]

21 minutes ago, HugoStrange said:

just in case nuvu poledu anuko, appudu em chesthav?

401k undi but maxing out avasarama ani.. if i am not putting.. i will be investing somewhr kada

[baabaa]

Nuvvu yearly $5K contribute cheste and if some company is contributing $5k then its good kada. And aa 10K malli stock market lo ne invest avutundi elagu. Worst case lo penalty early withdrawal untundi. Interest free loan koda teesukovachu against your 401K because interest malli goes back to your 401K account.