I know that some here are looking long range (retirement). For those that are not thinks about it for a minute. You might be making good or great money now, but how long can you keep up the pace? 5 years, 10 or 20? What will you do later in life? I always put the max into IRA's and then the Roth IRA's. This option only allows so much per year. I met with a financial planner last week and set up a profit sharring plan which will alow me to invest 40K per year. This will greatly reduce reportied income. The earnings will be tax defered. I would be happy to tell anyone more, but this post is already getting long.