Reply to DH 401K Maxed Out, What about me?

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[quote=Anonymous][quote=Anonymous]A SEP-IRA is much simpler than a solo 401(k) but can have lower contribution limits (for the SEP it is 25% of income or $51000 whichever is less, for the solo 401k it is a combination of "employee" and "employer" contributions, which have different limits but also have a max potential of $51000).

But both a SEP and solo 401k are meant for self-employed people, not employees, so you'd have to decide if you are ok treating yourself as self-employed.[/quote]

Thanks.  I guess I have to do the math then.  We have $600K in retirement already plus 2 homes with equity and a very large inheritance coming our way.  Plus DH has lots of stock at his company, some of which has vested already but most will be vesting over next 3 yrs. We expect to accumulate about $3-4M by/for retirement which is 12-15 years away. Not so sure I want to overfund retirement, which is a distinct possibility as our home will be paid off by then, so a large chunk of what we pay for housing  will go away. Be that as it may,  I need to decide which side I'm on and stay the course. [/quote]

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