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Re: Very good company retirement contribution, how much more

Lot's of good responses. Sounds like most are on the same page.

Well, I already increased my 401K contribution by 10%. The examples given scared me into doing something right away :shock:
by boondogger
Mon Feb 11, 2013 11:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Very good company retirement contribution, how much more?
Replies: 23
Views: 2220

Re: Very good company retirement contribution, how much more

Kyle, NYBogleHead; thanks for your reponses.

Cheese Breath,
I appreciate all of your points and info.

Letsgobobby,
Good example. Yea, I'd be much worse off as my other retirement accounts alone aren't where they should be.
by boondogger
Sun Feb 10, 2013 1:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Very good company retirement contribution, how much more?
Replies: 23
Views: 2220

Re: Very good company retirement contribution, how much more

Hoppy, I like the way you explained that. Thank you.
by boondogger
Sun Feb 10, 2013 1:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Very good company retirement contribution, how much more?
Replies: 23
Views: 2220

Re: Very good company retirement contribution, how much more

Thanks Valuethinker, you've given me a lot to think about. Part of me is hoping that my company is not like the others you mentioned. We are not a huge company, about 1500 employees and $1B annual revenue. We're 100% employee-owned, not publicly traded whatsoever. We're in the wholesale electrical d...
by boondogger
Sun Feb 10, 2013 12:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Very good company retirement contribution, how much more?
Replies: 23
Views: 2220

Very good company retirement contribution, how much more?

I work for a 100% ESOP company. Over the last 10 years, they on average have contributed 12% of my salary to my retirement account. I don't (and can't) match funds to it. The company places the 12% into private company stock in each employee's account. My question is as follows... many people seem t...
by boondogger
Sun Feb 10, 2013 12:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Very good company retirement contribution, how much more?
Replies: 23
Views: 2220

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