401 k

[ve_ndor_bad_cows]

Naa mestri 50% matching @max 6% --

Currently india lo loan kadtunna 8.5% interest-- 10more years to go

better to clear off loan asap or invest in 401k ? Which is better money saving/profitable option?

suggestionsss plzz---

[parabramha]

Contribute to 401K  until 6 %.  It will help you on long run. Oka 5 years taaravta at least 50K $ nee 401k account loo untindi.  

[Staysafebro]

38 minutes ago, ve_ndor_bad_cows said:

Naa mestri 50% matching @max 6% --

Currently india lo loan kadtunna 8.5% interest-- 10more years to go

better to clear off loan asap or invest in 401k ? Which is better money saving/profitable option?

suggestionsss plzz---

Without 401k you will not have pension. Don’t underestimate its worth. 

[ve_ndor_bad_cows]

15 minutes ago, parabramha said:

Contribute to 401K  until 6 %.  It will help you on long run. Oka 5 years taaravta at least 50K $ nee 401k account loo untindi.  

[ve_ndor_bad_cows]

8 minutes ago, Staysafebro said:

Without 401k you will not have pension. Don’t underestimate its worth. 

No longterm plans here -- jumping after 5years 

[iPhoneX]

14 minutes ago, ve_ndor_bad_cows said:

No longterm plans here -- jumping after 5years 

[ve_ndor_bad_cows]

[Kalam_Youtheman]

10 hours ago, ve_ndor_bad_cows said:

No longterm plans here -- jumping after 5years 

ok will talk after 5 yrs then 

[ve_ndor_bad_cows]

20 minutes ago, Kalam_Youtheman said:

ok will talk after 5 yrs then 

So india lo loan early ga prepayment cheyadam kante -- investing in 401k is best option antavu?

[MusuguVeiMazzaChei]

11 hours ago, ve_ndor_bad_cows said:

Naa mestri 50% matching @max 6% --

Currently india lo loan kadtunna 8.5% interest-- 10more years to go

better to clear off loan asap or invest in 401k ? Which is better money saving/profitable option?

suggestionsss plzz---

 neeku free 6% vastundhi kabbati better take that by contributing at least 6% from you salary and what ever is left  pay as ur indian loan.

[MegaPowerRockstar]

11 hours ago, Staysafebro said:

Without 401k you will not have pension. Don’t underestimate its worth. 

What if i keep 750$ aside from pay ?? would that help for later purposes(buying home, etc)

[BostonBullodu]

11 hours ago, Staysafebro said:

Without 401k you will not have pension. Don’t underestimate its worth. 

intha kashtapadi vomerica lo kuda retire ayina tarvatha pension thone bathakali antava baaa

[MegaPowerRockstar]

I have few doubts regarding 401k advantage..

1. Is it advantage when you get old and try to use the amount that employer matches along with our amount ?
2. whatever the employer matches do we get that after we retire or in between if we close 401k amount do we get that ? 
3. if we save $1000 every month aside for future, then i dont need 401k right ?

can some post their experience or known information

[ve_ndor_bad_cows]

7 minutes ago, MegaPowerRockstar said:

What if i keep 750$ aside from pay ?? would that help for later purposes(buying home, etc)

Us lo Long term plans levvu bro -- i am just trying to see options, if i can save more money

[ve_ndor_bad_cows]

9 minutes ago, MusuguVeiMazzaChei said:

 neeku free 6% vastundhi kabbati better take that by contributing at least 6% from you salary and what ever is left  pay as ur indian loan.

Thanks bro-- but how does that explain that 401k investment n returns in 5years with fee n taxes > paying of the loan quickly by avoiding the interest?