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401K vs saving for farmland
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tw35
Posted 1/28/2019 08:29 (#7278410 - in reply to #7278014)
Subject: RE: 401K vs saving for farmland


Clarke county, IA
I'd put in max that employer matches to. Land note at 5% interest would take 8-9yrs to make up 42% that employer matches and 401k should grow on top of that.
If you don't put money in the 401k I wouldn't let sit in an account waiting to purchases land, that maked you no money. Invest it in things with high ROI like tile, or use it pay down debt, can borrow against equity built when you do buy land.
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