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Tommy: Are you planning for retirement? Managing Your Money with Mark Rosa

401(k) calculator
Andrei Askirka/Getty Images

One of the funnier scenes in “The House,” a movie with Will Ferrell, occurs when the father character mistakenly thinks a 401(k) means he has FOUR HUNDRED ONE THOUSAND DOLLARS in the bank. He doesn’t, and then the hilarity ensues.

Saving and investing for your future, whether it’s for your kid’s tuition or your retirement, is far more important than you could ever imagine now. A career or working lifetime goes by in the blink of an eye. It seems like only yesterday when I was twenty years from retirement. Now I’m only 19 years and 364 days from retirement. I’m not planning on Social Security as anything but supplemental income, and I don’t believe you should either.


If you think you don’t make enough to save for the future, P L E A S E check out the Jefferson Financial Federal Credit Union "401(k) Calculator." Tool around with it then be sure to listen Friday morning at 7:45am when Mark Rosa, President and CEO of Jefferson Financial Federal Credit Union, takes us through it. Don’t miss “Managing Your Money with Mark: 401(k) plans PART ONE, Friday morning at 7:45am right here on WWL AM/FM and WWL.com.

401(k) Calculator