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Go-Go-Gadget 401K! - The Cover Story
October 2013
 
 
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Tue, Mar. 15th, 2005 11:05 pm
Go-Go-Gadget 401K!

So today I configured my 401K plan for my new job. I can't even tell you how fun that was. Everything I knew about investing thus far was at the corporate level, so although I could tell you exactly how a mutual fund worked and what mathematically the various numbers meant, it did not prepare me for having to select which funds and in which amount I wanted to invest in each, nor the reams of calculations required to determine how much money I should be dedicating to a retirement 35 years off at the least (I calculated everything assuming Social Security tanks and I'm retiring at 55). Fortunately, this isn't the sort of thing I should have to do often, so I won't have to worry about it for a while.

Tags: ,
Current Mood: accomplished
Current Music: Kristoph Klover - Fire in the Sky

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