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March 15, 2007


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I think you mean "and she invests $10k a year" instead of "410k a year."


I was under the impression you could only add $4k per year (until age 50). how would she invest 10k a year?

It's a 401k; the contribution limits on 401ks are _much_ higher than they are for an IRA. I think they're something like $15K. Yeah, this FMF typo is pretty distracting... :-)

Ha! Wouln't you know it -- a typo always happens when I'm away for the day. It's fixed now!!!! ;-)

Let me be the first to say congrats to her.

Getting over the fear of the unknown, especially with something as important as money and retirement savings, is a big impediment to many people. This is a pretty easy change though, so if any other readers are procrastinating, just do it!

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