21 votes

Topic deleted by author

4 comments

  1. trojanhorse
    Link
    I did the math a long time ago, and I'm supposed to be putting like 15% away if I want to retire and live the slightest bit decently. I've had my current job for 3 years going on 4. My retirement...

    I did the math a long time ago, and I'm supposed to be putting like 15% away if I want to retire and live the slightest bit decently. I've had my current job for 3 years going on 4. My retirement Roth 401k is the same age. I put away 5% because that is what company will match. So 10%... I almost can't afford that and I live very frugal. But I figure it'll be worth it down the line. Hoping to get to start outting in that extra 5% soon.

    7 votes
  2. [2]
    aintnonormie
    Link
    Okay, I’m clueless. I’m in my early 30s and would like to start saving for retirement. Grew up poor so I don’t have any frame of reference for this. I’m currently freelancing — Are there any risks...

    Okay, I’m clueless. I’m in my early 30s and would like to start saving for retirement. Grew up poor so I don’t have any frame of reference for this. I’m currently freelancing — Are there any risks involved with setting up a Roth IRA?

    4 votes
    1. [2]
      Comment deleted by author
      Link Parent
      1. aintnonormie
        Link Parent
        Those links are helpful, thanks! It looks like we started slightly backwards by paying off all our credit debt and car loans (still have student loans, doing the standard 10 year repayment plan)....

        Those links are helpful, thanks! It looks like we started slightly backwards by paying off all our credit debt and car loans (still have student loans, doing the standard 10 year repayment plan). We are now starting on our emergency fund which will take about 1.25 years — we’ve just been kind of feeling our way through. This will help. Thanks again.

        2 votes
  3. [2]
    Comment deleted by author
    Link
    1. RapidEyeMovement
      Link Parent
      If you can find work. Age'ism is a very real thing in the tech world

      If you can find work. Age'ism is a very real thing in the tech world