Re: Scared of Retirement vehicles/ want to save other ways?
Gruntina - I understand your concern. One thing to keep in mind is that in retirement in order to make your money last a lifetime you are usually recommended to only take out 2-5% a year from your 401-K's. I was wondering if you were envisioning a large balance and that you'd withdraw it all at once? Most advisors are saying to take small withdrawals thru the years to make the money last AND to keep your taxrate low.
Take the others advice here and keep reading!
-LuxLivingFrugalis
P.S. I like the Roth IRA over a traditional as it is directly inheritable and you don't have to liquidate your spouse's investing position right at a time of emotional turmoil like you do in a Traditional IRA.
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"Economy is a poor man's revenue; extravagance, a rich man's ruin." ~~??, frontspiece, The American Frugal Housewife, by Lydia Maria Child, Harper & Row, 1836 edition (dedicated to those who are not ashamed of economy).
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