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Old 11-23-2006, 08:47 AM
  #5  
mike734
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Joined APC: Mar 2005
Position: Ca B737
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Originally Posted by 9999 View Post
Long time reader, first time poster seeking advice.

I am going to have a 20 year military retirement (CW4, Army) that starts paying the day I retire (22 Jan 2007). If I get on with a company that has a 401K would it be worth while to pay into it or save the money I would put into it and invest it myself?

I am sure there are plenty of military folks who have looked at the pros and cons of this and am curious to read what they have done and why? All my flight experience is with the military and I have never worked for a civilian company as a pilot so this is very new to me.

Thanks in advance to all who reply.
There are no cons to paying in to a 401k. What could you be thinking? You said you don't know whether you should save in a 401k or on the side. Why not both? Like the previous post said, if the company matches then it is free money. Military retirement or not; you'll want more when you retire. (at 65)
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