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Let’s get right to the point. Saving for retirement in a Roth 401k likely will leave you with less money in retirement than if you had invested in a traditional 401k.

There are some exceptions to this rule. For example, a Roth 401k may be the right choice if you make more than $1 million a year or if you make so little that you pay no income tax or very little income tax. But for the majority of us, the Roth 401k is better left alone. Here’s why. Read the rest

Today’s insights from the blogosphere and beyond:

• Selling a Fund: Things You Need to Avoid @ FundsZine: Some good advice to consider before selling a mutual fund.
• Which Investments Are Best for a Roth IRA @ GetRichSlowly: An in-depth look at investment options for a Roth IRA. I would add that the right investment approach for a Roth IRA would also be applicable to a regular IRA, a 401(k), or any other retirement account. In a taxable account, you would make different selections because of taxes. For example, I diversify my portfolio across both taxable and retirement accounts, putting in the retirement accounts the funds that generate the most taxable gains (e.g., REITs and bond funds).
• Consumer Hit–Phone numbr (previously known as Craigsnumber) @ Journey 2 Retirement: Craigslist now let’s create a temporary telephone number that, when dialed, is transfered to your number. That way, you don’t have to give out your home number when you sell something on Craigslist. Now that’s nifty! Here’s another tip, you can advertise your rental properties on Craigslist. I’ve had good results with this approach, and of course, it’s free.
• 15 Ways to Create an Hour a Day of Extra Time . . . for Solitude @ zenhabits: I could sure use this advice.

Happy reading!