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Old 06-27-2016, 02:04 PM   #28
Amnorix Amnorix is offline
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Join Date: May 2003
Location: Boston, Mass.
Quote:
Originally Posted by scorpio View Post
I've got a pretty generous pension that I will receive from the State, but I don't have a 401(k) or IRA mostly because they don't match contributions. I should probably change that.

Yes, you should. Tax advantaged growth is very hard to beat. You should probably set up systematic investing, even if it's a fairly small dollar amount. The market can go sideways for a loooong time, but if you're reasonably young (less than 50), play it safe, and stick to the program, you should come out ahead in the long run.
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