Time to bump up that 401k

[IVE GOTTA PACKAGE 4U]

Some of my wife's med books were close to 1k. Hurts just thinking about it.

Books are ridiculous. It's a big scam.

 

[Brownslave688]

Books are ridiculous. It's a big scam.

Tablets were supposed to change that since they wouldn't have to print a whole new book everytime a word was changed.


So much for that.

 

[IVE GOTTA PACKAGE 4U]

Tablets were supposed to change that since they wouldn't have to print a whole new book everytime a word was changed.


So much for that.

The fix is in.

 

[BrownTexas]

10% is kind of the minimum I'd suggest.

I still have 25 years left. I thought I was doing great. Guess I need to reevaluate.

 

[IVE GOTTA PACKAGE 4U]

I still have 25 years left. I thought I was doing great. Guess I need to reevaluate.

Staying out of debt is the best return on your money

 

[By The Book]

.80 cents would be $.0008.

Are you sure about that?

 

[By The Book]

I still have 25 years left. I thought I was doing great. Guess I need to reevaluate.

Your doing great! Now increase your percentage by 1% every August 1st. If you owe on your taxes at the end of the year I have a suggestion. If your taxes are prepared by a professional service ask them what would I owe if I put in 15% on my 401k. Try to find the break even point so you are paying yourself and not Uncle Sam.

 

[Brownslave688]

I still have 25 years left. I thought I was doing great. Guess I need to reevaluate.

Compounding intrest is your friend. More now really becomes more in 25 years.

 

[IVE GOTTA PACKAGE 4U]

$.40/hr * 2,080 hours is about $800.

Plus overtime.

 

[IVE GOTTA PACKAGE 4U]

How much do I really need to save for retirement?

 

[IVE GOTTA PACKAGE 4U]

1 in 3 Americans Has Saved $0 for Retirement

 

[Brownslave688]

1 in 3 Americans Has Saved $0 for Retirement

So sad

 

[IVE GOTTA PACKAGE 4U]

So sad

I know too many people that if they had to buy a pair of tires, they probably couldn't pay for it. Too many people live waaaaaay beyond their means.

 

[Brownslave688]

I know too many people that if they had to buy a pair of tires, they probably couldn't pay for it. Too many people live waaaaaay beyond their means.

There's a business here based off that. Rent and roll.


Right up dans alley.

 

[IVE GOTTA PACKAGE 4U]

There's a business here based off that. Rent and roll.


Right up dans alley.

Rent a center here. Rent to own and pay five times as much. Just like those payday lending places.

 

[Browndriver5]

Im in a situation where i stopped my 401k contributions just for the fact im trying to save to buy a house cash, but at the same time im paying too much in taxes at the end of the year. Idk what to do lol

 

[Orion inc.]

This us from two years ago.
Average cost of raising a child hits $245,000

It's definitely gone up since then.

And when they hit teen years, wow!!

 

[Orion inc.]

Im in a situation where i stopped my 401k contributions just for the fact im trying to save to buy a house cash, but at the same time im paying too much in taxes at the end of the year. Idk what to do lol

Keep contributing and maybe take out the loan on the 401k for the house. I know guys who did that for a down payment

 

[Orion inc.]

So what about 14k year?




My wife's raise next year will almost cover that. I think we will be ok.

Not to mention if I just go to work everyday I'd make about 15-20k more.

You'll be fine. Dave is probably mad that you'll have kids and still retire at a better level of comfort than him.

If he would stop working for free, he'd be fine.

 

[Brownslave688]

Im in a situation where i stopped my 401k contributions just for the fact im trying to save to buy a house cash, but at the same time im paying too much in taxes at the end of the year. Idk what to do lol

I understand not wanting the loan but intrest rates are so low right now it's dumb not to just take out a mortgage.