[OT] Retirement, 401k, Subcontracting

[david at thekramers.net (David Kramer)]

Scott R Ehrlich wrote:
> Hello to all:
> 
> I have been subcontracting for a few years now via placement agencies, and my
> current agency does NOT have a 401k plan.   If my contract is renewed, and I am
> not taken on as a direct-hire, what have people done for their retirement
> investments?
> 
> I am also saving for a house (my wife works f/t as well).   My paycheck is going
> towards a house, and hers for paying bills.   I am in my mid 30s, if that makes
> a difference.
> 
> Thanks for any insight and ideas.

You *seriously* should talk to a financial advisor.  Now.  If you're in
your mid-thirties and married and not saving at all, you need to rectify
that as soon as possile.  In fact, I just met with mine tonight.  Email
me privately if you want his name.  You should NOT take long-term
financial advice from people who don't spend their days studying the
options.

I would also recommend you join the bostoncontractors yahoo group.
There's a lot of great info there, especially about dealing with the
money side of contracting.
http://groups.yahoo.com/group/bostoncontractors/