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58185022 No.58185022 [Reply] [Original]

Should I stop putting money in my 401k and just buy crypto currency as my retirement strategy?

>> No.58185031

uh yeah boomer

>> No.58185046

>>58185022
How old are you? I'd at least put in enough to get company match and then use the rest for crypto.

>> No.58185064

>>58185046
Mid 20s. I got like 40k in my retirement fund but have a 20k crypto portfolio.

>> No.58185104

>>58185022
Keep putting money in your 401k. Max out your employer contribution, and ideally go beyond.
But also buy Bitcoin.
If your 401K plan lets you pick arbitrary ETFs, consider allocating some portion of it in one of the Bitcoin ETFs.

>> No.58185255

>>58185022
Know what? For all the flak she gets, she’s not that bad! Especially if you’re into filthy big tit MILFs. It is kinda weird that Bezos is with her though. She should be getting gangbanged by a bunch of frat boys or something, seems more fitting,

>> No.58185264

>>58185022
If you believe the saylor thesis, yes.

>> No.58185272

>>58185022
Why not both?

>> No.58185800

>>58185022
Seriously if serious
Do the math
Even with your company match it's not even close
Bitcoin will destroy your 401k over 30 years.
Its probably smart to have money in us stock market tho, holding the best 10 s&p stonks is the only way to beat inflation, besides bitcoin

>> No.58185856

>>58185022
If you're going beyond the match you're retarded, and if you're not taking advantage of the match you're even more retarded

>> No.58185878

>>58185022
buy crypto in your roth, fuck a 401k, contribute the max if you can afford to ofc....

>> No.58185931

>>58185800
I want to see your math

>> No.58186102

>>58185022
u can buy crypto with your 401k

>> No.58186486

>>58185022
I stopped contributing, that shit isn’t even going to be around by the time I retire why would I lock my money away with Uncle Sam when I can have it grow much bigger in crypto

>> No.58186543

>>58185255
This board is full of virgins who don’t realize how fucking boring your conventional “hot” girl is in bed

>> No.58186558

I don’t even have a 401k lol. I’m pretty much limited to post tax accs or crypto
>t. contractor

>> No.58186565

>>58185800
i stopped contributing 3 years ago, never looked back
>>58186486
you're thinking of social security (into which you MUST contribute by law), not 401(k)

>> No.58186644

>>58186102
Maybe yours but not mine. 401ks are limited by your employer

>> No.58187152

>>58185022
I switched jobs last year, so 6 months ago i just took my enite 401k and put it in link, im still dooing the 5% employer match in my new job.

Dont know if you know but every job ive had i could take a loan out (that you just pay back into your 401k).

>> No.58187546

always max out your 401k you stupid fuck. leave it in the lowest ER index funds and fuck off. 30 years later you will have some sort of sanity in retirement while you continue to play with buttcoins

>> No.58187615

>>58187546
What does it mean to max a 401k?
Isn't that money untouchable until you retire and/or hit 65 (unless you want to pay more fees or something)?

>> No.58187807

>>58185104
Yes this. Get your employer $$.
Start another crypto IRA, consolidate old 401Ks/IRAs and trade out of that for retirement. Or use a boomer IRA stock account to trade a BTC proxy like MSTR. COIN, or MARA.

Don't use more than 1/2 for crypto, obviously as life risk management.

>> No.58187841

>>58185064
Age 35. I have $400k in my retirement funds and $1.3 million in crypto.
Scared money don't make none

>> No.58187847

>>58185022
thats a man

>> No.58187853

>>58185022
i mean according to truflation, crypto seems like a pretty solid choice, but you need to know wtf you're doing otherwise you will fall into the pojeets traps

>> No.58188484
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58188484

>>58185022
long term investment: btc easily

if you want to use your brain a little or just make predictions with a coin that goes up and down more frequently than others, but at the same time predictable and convenient overall, then i could recommend ya loaf cat