401k's? Retirement planning

[indoprime]

I was wondering, could Nukeworker start their own 401K plan? For the cases that some companies may not offer one.  Or if not a full-blown 401K, maybe a family of funds that we could invest in?

[Fermi2]

Since Nukeworker isn't a company in which we are employed I doubt they can start a 401K.

Why not just go to Fidelity and invest?

Mike

[SloGlo]

indoprime,   whacha wanting to due?  get a nuke investment group together to invest only in nuke friendly companies?  leave out the greenppeacers, 'n tree huggers.  i gotcher slogan - 'we gots cash for u ash!'  well, i thought that sounded better'n 'you got pu ash?  we got your cash!'  but maybe knot.  anywaze, i kin dig it.  let me know what you find.

[alphadude]

"we got you by the bulbs" could be a slogan for power company investors???

[indoprime]

I like ur idea SloGlo.  Find some companies that are nuke friendly and invest in them.  I'm already doing the Fidelity thing, but i'd like to diversify more.

[darkmatter]

I was wondering, could Nukeworker start their own 401K plan? For the cases that some companies may not offer one.  Or if not a full-blown 401K, maybe a family of funds that we could invest in?

Your idea of being concerned about retirement is good, but using an employers 401K offering should only be a part of it. I started with a IRA during my "Rent-a-Tech" years and am taking advance of my current employers 401K. However I have also invested in individual stock in companies that have DRIPs. A few tangible assets should also be included - invest in what you know and not what a broker with a conflict of interest tries to tell you. As for Social Security, I don't even factor it in as it probably will not be a significant contribution to my retirement income.
Soon I hope to be at the K.M.A.M.F. setpoint.