xipotec
Grinning Ghosts
- Joined
- Feb 16, 2011
I hate to be a debbie downer but set it an forget it.I am new to the saving for retirement / 401k (457b in my case) thing. Just curious how closely do you monitor it? How frequently do you make changes to the distribution?
I have never put money into a retirement account because the idea that the money could not be there when I need it scares me. I have started putting money into my company's deferred comp (457b) plan and I am finding that I am checking it at least one per week. I completely understand that there will be ups & downs and am trying to NOT to panic too much.
All it takes is a few runaway banks to tank the stock market and economy and wipe all that savings out....
Hello 2007 I am looking at you...
Point is plan ahead, diversify and pray....
Hovering over it weekly will not change much and age you alot.