Quote:
Originally Posted by ChiliConCarnage
An IRA is another thing to mention. If he's doing 10%, he may be much better off only matching his 401k. Depends on his 401k but it's frequently true. If 25k is really what he has total then he should do everything he can to get as much in as possible.
He might want to look into places to retire in South/central America. Panama, Costa Rica maybe
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Are you saying an IRA is a better option in the long run? That's advise I'll take too.
This is one of my team members that I like, am coaching professionally and I would really like to help him get on track. He knows he won't retire to a life of leisure.
He's just had a life that didn't allow for much investing. Thank you all for your advise.