401K : Take advantage of it. :::kind of a lengthy post but good.

[chrisdavis]

Another good thing to invest in is Roth IRA's. Some think it's better than 401k because your not taxed on the money you make. Where as with 401K, your taxed on growth when you withdraw it during retirement.

Thats because money deposited into a Roth IRA is post tax. A traditional IRA is pre-tax and can be used for a tax break. I talked to an adviser about both and I think I may go with a traditional IRA.

I am lucky on my 401k
Company automatically deposits 3.5%
Company also matches up to 3%

Basically you put 3% they put 6.5% It's one of the few good things about them