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Originally Posted by on-ramp
furthermore, all that money you are putting away in your 401k, in 20 years it will be worth 1/2 of what you think it's worth, due to the falling dollar value. did your 401k company tell you that? ha! it's a risky proposition.
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Yep, the stock market over the long haul is just like Vegas, except you're the house
! Thankfully, my "reality" does not match your theory. As I mentioned in another thread, I once calculated what I had paid into a single 401k at one company early in my career, and it's simply mind-boggling what that single account (rolled to a IRA brokerage acct. when I left) has grown to over time. The general consensus is that "most" cannot beat a 401K's performance when you factor in a company match and tax implications, and I agree. But, that's just one facet of a diversified strategy...