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I dump at least 15% of my salary in a 401k so I am at the mercy of the market, when the busy season is in I dump 25% of my salary, I have done this since 1995 and I will have either alot of money or be broke.
No one knows what the future holds or even if I will make it to retirement age (mom and dad died at a below average age) Before I paid off my house in 2009 I was making enough on interest alone in the bank to pay 1/2 to 3/4 of my mortgage payment a month, then the rates got so low, I could not see paying all that mortgage interest when I had the cash to pay it off, so I did. I think that was the best move I ever made even if many people told me not to do it. Of course I don't get that deduction anymore but paying a couple extra grand to the gubment a year is still better than double that in interest to Wells Fargo.
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