401k funds and investment

[anonymous]

Hello .
Just trying to pick your brain on investing in 401k.
Is maxing out the IRS tax deduction limits what you do? Do you invest in target funds ? If so, what is the portion of J&J stock in those target funds?
Do you think it’s a good strategy to increase contribution by 1-2% each year?

How concerned should I be about increasing investments if I am going to have both FAP pension (22 years) and RVP pension?

Thanks for the insights.Good day.

 

[anonymous]

Hello .
Just trying to pick your brain on investing in 401k.
Is maxing out the IRS tax deduction limits what you do? Do you invest in target funds ? If so, what is the portion of J&J stock in those target funds?
Do you think it’s a good strategy to increase contribution by 1-2% each year?

How concerned should I be about increasing investments if I am going to have both FAP pension (22 years) and RVP pension?

Thanks for the insights.Good day.

Max out your contributions. Target funds are for losers. Keep 0% in J&J. Max out every year. Don't EVER plan on a pension - they are built on shaky ground.

 

[anonymous]

Max out your contributions. Target funds are for losers. Keep 0% in J&J. Max out every year. Don't EVER plan on a pension - they are built on shaky ground.

Dont let these guys scare you. The pension you have earned so far is yours. Even if /when J&J goes bust, you are protected up to 6k per month in pension by the PBGC which is backed by the feds.
Also for that reason think very carefully before cashing a pension out for a lump sum - you lose that federal backing on your lump sum.

 

[anonymous]

Max out your contributions. Target funds are for losers. Keep 0% in J&J. Max out every year. Don't EVER plan on a pension - they are built on shaky ground.

Wise words. Someone knows their shit.

 

[anonymous]

Dont let these guys scare you. The pension you have earned so far is yours. Even if /when J&J goes bust, you are protected up to 6k per month in pension by the PBGC which is backed by the feds.
Also for that reason think very carefully before cashing a pension out for a lump sum - you lose that federal backing on your lump sum.

You need to study the bond market and central banks. Do you realize the fed that "backs" your pension is backed by nothing but a money printer?

 

[anonymous]

Dont let these guys scare you. The pension you have earned so far is yours. Even if /when J&J goes bust, you are protected up to 6k per month in pension by the PBGC which is backed by the feds.
Also for that reason think very carefully before cashing a pension out for a lump sum - you lose that federal backing on your lump sum.

I agree with you. I would never get a lump sum. For both RVP and FAP I intend to choose monthly payments for a lifetime. This way you have a federal security.

 

[anonymous]

I agree with you. I would never get a lump sum. For both RVP and FAP I intend to choose monthly payments for a lifetime. This way you have a federal security.

If you have it all in a lump sum, why would you need federal security?

 

[anonymous]

Max out your contributions. Target funds are for losers. Keep 0% in J&J. Max out every year. Don't EVER plan on a pension - they are built on shaky ground.

if target funds are for losers, where should i place my funds? no S&P available

 

[anonymous]

You need to study the bond market and central banks. Do you realize the fed that "backs" your pension is backed by nothing but a money printer?

How deep should the bunker be?

 

[anonymous]

How deep should the bunker be?

Study history and currencies that were debased by governments, that will give you the answer.

 

[anonymous]

How deep should the bunker be?

Vanessa Del Rio

 

[anonymous]

How deep should the bunker be?

Why do you think J&J changed the pension plan? Could it possibly be because the investments may not meet future obligations? Google pension fund crisis.

 

[anonymous]

Study history and currencies that were debased by governments, that will give you the answer.

"There are more things in heaven and earth than are dreamt of in your philosophy"