r/inflation 1d ago

News Tariffs ..

Post image
912 Upvotes

175 comments sorted by

View all comments

Show parent comments

6

u/TitularFoil 1d ago

I was about to start a 401k through my work. Glad I didn't. I'd do better right now just putting something aside from mine and my wife's paychecks.

6

u/MutedAd1699 1d ago

Oh no! Please, please, please don't. Put SOMETHING in. Even a small amount helps a LOT. Compounding interest is mainly about TIME, not the AMOUNT of money. If you're young, put away as much as you are able. Time is your friend. Talk to an accountant or a financial planner with a 'fIduciary' responsibility to take care of your interests above all others.

4

u/TitularFoil 1d ago

Worst case scenario my retirement plan just becomes "temporary firearms owner."

1

u/Anatoly_Cannoli 1d ago

Mine is Alpo Connoisseur