It's psychologically hard to take money out of things that are doing well and put money in things that aren't doing well.
It's pre-tax dollars, so if you put away $100 it's only a $60 difference in your paycheck.
It's probably a good investment that's having a hard time. Think of the market as the culprit.
If you have something that's had a really good run, now is an opportunity to rebalance.
Money you don't see you won't spend. People who want to retire before the traditional age have got to have more than traditional retirement accounts.
Everybody knows you have to buy low and sell high but it's hard to do that. You have to have nerve to do that.
You can cut the amount of time it takes to pay it off in half.
Wait one year before you do anything, and hire an objective advisor and an attorney. And unplug your phone.
People turned their noses up at bonds until last year. They're there to stabilize your portfolio.
I'd like to see him working at a job that has a good retirement plan like a 401(k).
