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Good news for pilots - retirement age



 
 
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  #1  
Old January 27th 07, 09:27 PM posted to rec.aviation.piloting
Newps
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Posts: 1,886
Default Good news for pilots - retirement age



B A R R Y wrote:


I'm amazed at how many people who max out their matched retirement
plans by September (or even earlier!) don't realize they're leaving at
least 25% of the match on the table each year.



That's done by design. The faster you get your money into a rising
market the more money you make. For every paycheck that I forgo the
match I leave $140 on the table. I'm betting I can do better than that.
In the long run you will.
  #2  
Old January 27th 07, 09:47 PM posted to rec.aviation.piloting
B A R R Y
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Posts: 517
Default Good news for pilots - retirement age

On Sat, 27 Jan 2007 14:27:59 -0700, Newps wrote:


That's done by design. The faster you get your money into a rising
market the more money you make.


A.) Dollar cost averaging has a way of evening some of those rises
out. Stock and bond markets don't always rise significantly from
week to week. Sometimes they even decline over a week or two.

B.) My match is a lot more than $140. The match is also "free
money", tax deferred, that works hard over the long term for me.
  #3  
Old January 27th 07, 10:01 PM posted to rec.aviation.piloting
Newps
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Posts: 1,886
Default Good news for pilots - retirement age



B A R R Y wrote:


A.) Dollar cost averaging has a way of evening some of those rises
out. Stock and bond markets don't always rise significantly from
week to week. Sometimes they even decline over a week or two.

B.) My match is a lot more than $140. The match is also "free
money", tax deferred, that works hard over the long term for me.



The only thing that matters is what gets you the most money in the end.
  #4  
Old January 27th 07, 10:47 PM posted to rec.aviation.piloting
B A R R Y
external usenet poster
 
Posts: 517
Default Good news for pilots - retirement age

On Sat, 27 Jan 2007 15:01:33 -0700, Newps wrote:



The only thing that matters is what gets you the most money in the end.


Amen, Brother!
 




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