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Asked 6/14/2006
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Which is a better retirement plan 401k or Lottery? The only problem with lotteries is all the psychics keep winning the jackpots. |
Answer 1/28 - Submitted 6/14/2006
Answer 2/28 - Submitted 6/14/2006
Answer 3/28 - Submitted 6/14/2006
The lottery. Because, lets assume you have $100,000, you are looking at potentially 100,000 winning tickets!
Answer 4/28 - Submitted 6/14/2006
Answer 5/28 - Submitted 6/14/2006
Answer 6/28 - Submitted 6/14/2006
Answer 7/28 - Submitted 6/15/2006
Answer 8/28 - Submitted 6/15/2006
I've invested all my time and energy in providing a massive guilt trip for my children.
They are going to over-achieve and provide me with the retirement I so richly deserve.
Answer 9/28 - Submitted 6/20/2006
Definitely neither. Invest in your financial education. That way, you can make money anytime, anywhere!
Answer 10/28 - Submitted 6/22/2006
Answer 11/28 - Submitted 6/24/2006
Answer 12/28 - Submitted 6/25/2006
Answer 13/28 - Submitted 6/26/2006
401k because everyone who does it is a winner.
A lottery you can play you're whole life and never win a cent. My friends in college called lotteries a stupidity tax for those who can't do math. Some people don't understand that if you buy a million tickets you still may not win.
Answer 14/28 - Submitted 6/26/2006
Answer 15/28 - Submitted 6/26/2006
It's better to truly never retire untill you're six feet under. then you don't have to worry about being depressed when you lose the lotto or when you are denied a 401k. also, stocks and bonds are better than the lotto if you play the market just right.
I have a share the wealth card too if anyone gets too rich... Bill, I got my eye on you.
Answer 16/28 - Submitted 6/27/2006
401K B.C. U EARN IT N KNO THAT IT WASNT B.C. OF LUCK....U WOULD BE HAPPIER N AT PEACE WITH URSELF...PLUS SATISFIED
Answer 17/28 - Submitted 6/27/2006
Answer 18/28 - Submitted 6/27/2006
Answer 19/28 - Submitted 6/27/2006
when you bubble in the numbers in your lottery ticket, you will see a table in the back that show the chance of getting all the numbers correctly, which is 1 out of billions. If you don't believe in probability then go ahead and bet on your luck. My point is at least you are getting something out of 401K. Think of all the lottery tickets you bought in the past, a 20 dollars every game, three times per week, and been continued like that for 30 years, and yet...you still didn't hit the jackpot. What? you wasted like almost 100 grands on that and all that time and energy become fruitless. but in 401K, the same 100 grands you put in will grow into million of dollars in 30 years even though the interest rate is low, and your employers will contribute their shares to your account. So which one is a better retirement plan now?
Answer 20/28 - Submitted 6/27/2006
Answer 21/28 - Submitted 6/27/2006
Answer 22/28 - Submitted 6/27/2006
At this present date 401k sounds better. Laws and rules change every day. maybe the lottery may sound better at another time. today i am going to put my dollars in 401k. you have to continue evaluate the market. Unless you have money to loss the lottery is not for you.
Answer 23/28 - Submitted 6/27/2006
Answer 24/28 - Submitted 6/27/2006
Answer 25/28 - Submitted 6/27/2006
It's only a dollar!!!!!!!!!!
You do the math.
Work for 20 years versus plop down a dollar.
Tick, tick, tick...
Don't rush me!
I sorry but the ticket machine is closed.
Can I change my answer?
It is easier to collect the lotto than your 401K, and the taxes are taken out upfront not 60 days down the way. Just a thought.
Answer: Lotto.
Answer 26/28 - Submitted 6/27/2006
Answer 27/28 - Submitted 6/27/2006
winning the lottery would be the best but it is not guaranteed so the 401 is better because it will be there after you can no longer work.
Answer 28/28 - Submitted 6/27/2006
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