401k.. I dunno
I've contributed to a 401k since the day I started my official first job out of college-real world-i have to pay bills-job. Something my father instilled in me actually. He's said that if you want continue living the lifestyle (or better) that you currently lead while employed, you'll need money while retired. good advice. and since W isn't showing signs of balling up and fixing our social security woes, a 401k is the way to go.
I got my statement today and it always boggles my mind. I agree with the 'if i don't see it, i don't know its there (and growing)' philosophy of saving. I'm a good saver, when I'm not putting money into vacations abroad or new techie products (when the hell did this start?). But here's my conundrum. Frigging rollover. Rollover to me use to be a part of my day to day when I worked on the cingular account at bbdo.. it meant your unused minutes carried over month to month (but not after a period of 12 months). now i find myself 7 months into a job and still have not rolled over my old 401k. It's not a bad thing really, I'm guessing the old account still is gaining interest, it's just not being added to. and since I'll probably never go back to BBDO, it really should follow me from the Omnicom umbrella to good ol' WPP. ---and for a sick side note, just to make your stomach turn... I read an article this week on just how much our top ad execs make these days. Andrew "I'm sorry i have to leave, I'm going on holiday in the alps' Robertson, head honcho of BBDO, global network, made a whopping 4.6 million .....in 2006... sick right? wonder what his 401k is like. Jesus.
so. back to rollover. i have to figure this out, make a clean break.
on a lighter note. I'm trying 2 new places tonight. Republic - a restaurant my parents ate at when they had their nyc vacation at my apartment when i was in Costa Rica, and Blue Owl for drinks afterward. We shall see what the nigh holds. in the meantime, I really have to get ready.
have a good one.








