This is my 401k on Fidelity with the highlighted being almost 60% of the account and all them are above 30% increase. Of course this will vary because of the age of my account with the growth but its an idea where to start your research.
IRA - lowest being FTEC with 24.1% growth.
And this is my play money where I listen to stuff here and things my friends and I talk about. I am red in the bottom 4 but no more than $100 negative total. Got in on UUUU for $2 and its being paying off well.
Wife and I each put in the max in 401k, IRA then she has her handbag money and I have my gun/investment play money. I am turning 47 and wife is 46 and together we have close to a million in retirement.
The question I have is this:
I started at a new company and they do 8-22% payroll profit sharing, give free 3% 401k, two bonus' 8-16% payroll and offer stock. We are a private employee owned company and their stock has risen 12 to 14% per year the last 8 years and 5% the last 14 years. Projection this year is the stock will rise another 14% and we are hitting our monthly profit/revenue goals so far. Our industry is Electrical and Data Centers so that is not going to slow down. We just opened another office on the west coast and now have active clients in 42 of 50 states we are doing design/construction over sight/maintenance with.
How much do I pull from 401k to put towards stock? I have time to figure out my plan as I cannot buy until Jan 2022 but am trying to figure out a balance. I am constantly going back and forth on where I should go and how much but am really struggling to come up with a plan. I fee like we are doing okay but I am the first on my side of the family to actually have a plan to retire at a normal age and not even think of SS.
