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<blockquote data-quote="Mistwell" data-source="post: 277671" data-attributes="member: 2525">Actually, it isn't always free money. In fact, I put in the max into my 401K, with 100% matching from my company. I am now in the negative. No, not in the negative on just the company contribution, I mean I am in the negative overall.&nbsp; As is virtually every other person in my (now former) company of over 2000 employees.&nbsp; And I didn't direct the money into high risk investments either.In case you hadn't noticed, we have had one of the worst years in the history of the US for stocks.&nbsp; Stock investments of any kind, even if diversified under a 401K, and even if backed by matching contributions by an employer, are not always a good thing. Sometimes 401K's really do lose money, even over the long term when compared to a standard interest-bearing savings account or municipal bond.&nbsp; It IS a risk to invest in a 401K.Now back to the end of the world...</blockquote>

[QUOTE="Mistwell, post: 277671, member: 2525"] Actually, it isn't always free money. In fact, I put in the max into my 401K, with 100% matching from my company. I am now in the negative. No, not in the negative on just the company contribution, I mean I am in the negative overall. As is virtually every other person in my (now former) company of over 2000 employees. And I didn't direct the money into high risk investments either. In case you hadn't noticed, we have had one of the worst years in the history of the US for stocks. Stock investments of any kind, even if diversified under a 401K, and even if backed by matching contributions by an employer, are not always a good thing. Sometimes 401K's really do lose money, even over the long term when compared to a standard interest-bearing savings account or municipal bond. It IS a risk to invest in a 401K. Now back to the end of the world... [/QUOTE]

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