Originally Posted by
Tropical
All of this makes my brain hurt. Can anyone boil this down to a few sentences, and explain it like we know nothing about investing?
I don't have time to go get an MBA in finance before this decision is required, nor do I want to. All of these typical APC "I'm right and you're stupid" rabbit hole debates on this topic aren't helpful for those of us trying to figure out what it means.
If only the union put out an easy to read guide.
Maybe we can get Home Depot guy to do a video. He seems to know a lot about RNAV approaches and stump grinders.
If you are a “day trader” or other style of aggressive investor, opt out.
If you have a large amount of real estate, opt out.
If you put your money in index funds or target date funds, stay in.
The plan is beneficial for the last 10-15 years (or possibly 10-15 years prior to 59 1/2 pending the in service withdrawals).
So the older you are, the more likely this is good, and the younger you are you need to see if the down line benefits are worth short term compromise.
Im in my early 40s and probably staying in, pending some analysis.