I have 14% with a 6% match going into the Federal employees TRSP. I have the $6500 going into a Roth IRA. I am saving over 25% of my base pay. According to a financial counselor, I should be fine. I just don't feel like I've saved enough to go before age 62. I don't want to have to stop traveling. My basic nature is to save, and not spend what I've saved unless I just have too. It looks like another 5.6 years for me.
Been talking to coworkers about paying the mortgage early. With super low interest, 3-4% rate, seems we're better paying the minimum on the mortgage and earn higher rates with the extra mortgage cash being invested in stock market, if no other bills. Interest deduction with taxes, makes paying extra money to mortgage a waste. Thought?
Started in 1995 as 23 yr old; Oppenheimer Global Funds, $100/ month. 21 years later, 401k, Roth IRA, 529 fund, and mutual fund =my savings acct. Retiring from military, so pension for life or until Congress changes the rules!
Yes I have. Started at 22 with my first job, slowly realized how important those first few years are since they have the longest time to grow. Maxing it out now at 27 and convinced my fiance 2 years ago she needs to contribute more to hers!
I have a Roth IRA and investment account. Once I transition to the next phase of my career, I will be able to have a 401k and will take advantage of that as well.
Not so sure this is a fail-proof rule of thumb, because there are scammers who only ask for phone numbers so they can add a charge to your phone. See the original article...
I got the same exact letter from a Brittany. In the emails leading up to it, I found it weird that she kept referring to my table as "your item". And there was that request to take the CL listing down immediately. Nope, not until the table is gone. And they are out of town. Oh well, there will be other buyers, maybe... and if not, oh well.
I am surprised paying extra on a mortgage was not listed. Not only would I save hundreds in interest, the equity is mine. In effect, I pay $5000 to save hundreds and get to keep the money.
Yes, I have been saving for retirement since my second year at my full time job age 21. We have Vanguard at my work. Since 2014 we are getting matching funds of half of what you save for each pay period from our employer.
I am happy with my amount a save each month, it seems I am saving a lot of money for my age. Also, I have a Star fund with Vanguard for additional savings and other accounts.
My parents have always told me to save money for everything including retirement. My parents came from Mexico and have raised me to value and make finance a priority in my life. I am grateful; because I am doing something good for me as well showing others is possible.
Read a few weeks ago that Amazon is shutting MyHabit down.
Regarding the Kindle Lending Library, it looks to me like Amazon's de-emphasizing it in favor of the paid Kindle Unlimited. I used to find books to read regularly in the Lending Library, but never see anything worthwhile anymore. Maybe it's just me.
I have 14% with a 6% match going into the Federal employees TRSP. I have the $6500 going into a Roth IRA. I am saving over 25% of my base pay. According to a financial counselor, I should be fine. I just don't feel like I've saved enough to go before age 62. I don't want to have to stop traveling. My basic nature is to save, and not spend what I've saved unless I just have too. It looks like another 5.6 years for me.
Been talking to coworkers about paying the mortgage early. With super low interest, 3-4% rate, seems we're better paying the minimum on the mortgage and earn higher rates with the extra mortgage cash being invested in stock market, if no other bills. Interest deduction with taxes, makes paying extra money to mortgage a waste. Thought?
Started in 1995 as 23 yr old; Oppenheimer Global Funds, $100/ month. 21 years later, 401k, Roth IRA, 529 fund, and mutual fund =my savings acct. Retiring from military, so pension for life or until Congress changes the rules!
Go to Mexico and tell me you don't need lip balm.
My partner and I each max out our Roth IRAs. He maxes out his 401K and I contribute 10% to my 401K (my top priority is paying off student loan debt).
I’d recommend the kit Pro Naturals ;)
Yes, but we need to bump up our contributions, especially to our Roth IRAs.
I contribute 6% to my 401k and have healthy savings in my checking account.
Yes I have. Started at 22 with my first job, slowly realized how important those first few years are since they have the longest time to grow. Maxing it out now at 27 and convinced my fiance 2 years ago she needs to contribute more to hers!
I have a Roth IRA and investment account. Once I transition to the next phase of my career, I will be able to have a 401k and will take advantage of that as well.
Periodically take pictures of your stuff, in particular the more pricey things, and keep it in the cloud. I do this anyway for insurance purposes.
Don't text back a code ever. That's a way to get a recurring charge on your phone. Almost fell for it, and my husband stopped me...
Not so sure this is a fail-proof rule of thumb, because there are scammers who only ask for phone numbers so they can add a charge to your phone. See the original article...
Yes we have been contributing to our 401 K for many years.
I got the same exact letter from a Brittany. In the emails leading up to it, I found it weird that she kept referring to my table as "your item". And there was that request to take the CL listing down immediately. Nope, not until the table is gone. And they are out of town. Oh well, there will be other buyers, maybe... and if not, oh well.
I started saving towards retirement 2 years ago.
I am surprised paying extra on a mortgage was not listed. Not only would I save hundreds in interest, the equity is mine. In effect, I pay $5000 to save hundreds and get to keep the money.
Yes, I have been saving for retirement since my second year at my full time job age 21. We have Vanguard at my work. Since 2014 we are getting matching funds of half of what you save for each pay period from our employer.
I am happy with my amount a save each month, it seems I am saving a lot of money for my age. Also, I have a Star fund with Vanguard for additional savings and other accounts.
My parents have always told me to save money for everything including retirement. My parents came from Mexico and have raised me to value and make finance a priority in my life. I am grateful; because I am doing something good for me as well showing others is possible.
Yes I have started.
Of course! Max out my Roth IRA and contribute additional % through my 403b.
I have started saving for retirement with 401k, 403b and other investments.
Read a few weeks ago that Amazon is shutting MyHabit down.
Regarding the Kindle Lending Library, it looks to me like Amazon's de-emphasizing it in favor of the paid Kindle Unlimited. I used to find books to read regularly in the Lending Library, but never see anything worthwhile anymore. Maybe it's just me.
Yes, I always save and plan for the future.
Yes, I started as soon as I started working and I made out my 401k.
Yes! But I started late and that has puts a retirement a few years away.