How should I invest for retirement?

Just started a new job at age 45 that has a 401K with no company match (used proceeds from previous job as a down payment on a new home, so I'm essentially starting anew). trying to determine whether I should invest solely with my company's 401K, some other investment or combination.

This depends on how good your 401K is. If you qualify the Roth IRA can be a great deal. You can put the money anywhere you want. I would invest only in no load no fee mutual funds. You can start one at a host of fund family's Excelsior, Gabelli, Royce just to name a few. Other large firms Vanguard or Fidelity are good choices.
401K can be a good choice since the money is put in before taxes and usually come out of your check before you see it. Some 401K plans really stink and your employer can change the plan from time to time.

umm yes invest you wont regret it umm yeah ANSWER MY QUESTIO IF YOU CAN THANX

Do the maximum allowable in your 401K and also do the maximum in an IRA. Better yet, consult your accountant as to how to go about this to achieve maximum tax benefits/savings.

trying going to your bank and find out about their 401k and roth plans. most company's nowadays rarely ever match the contributions that you put in, and then i would suggest that you check into mutual funds and Cd's thru your bank. Cd's nowadays offer 5% or more on your rate of return or roi depending on who you bank with.

i would go with the 401(k) even thought the company does not match. your contributions will be tax free so this way the monies that you would have paid in taxes will work for you to help exponentially increase your balance for when you retire.

eg: say you put away $100 per pay pre-tax to your 401(k). it depends on how you filled out your W4 (married or single and the number of dependants) if you took that same $100 that was pre-tax, then took out the taxes you'd have about $68.15 (if you filed single and 0 dependant) left to invest vs $78.15 (if you filed married and 1 dependant). so why not take advantage of investing that full $100 rather than giving the government $22 to $32 of it?? of course the government will be there to tax you when you retire and begin to draw on the funds but by that time you have had the additional monies working harder for you.

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