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Money and Finances
Reply to "s/o Small Business Owner & Taxes, Retirement, and Savings"
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[quote=Anonymous]Throwing more into the 401k is a no brainer…what is your reluctance there? I mean, not doing that is just increasing your tax bill You are relatively young…you just have to trust that the market will be much higher 20 years from now and exceed the 5% return. You can just buy the S&P through IVV or buy something like VYM which is only mega cap stocks that pay a dividend higher than the S&P…believe it is at a 3% yield and you get the market returns [/quote]
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