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Retirement Update

July 21st, 2015 at 08:25 pm

I don't do updates on my retirement often but I should.

I started both my 401K and Roth IRA in 2012. My employer match is 6% of the 401K.

Right now I am contributing 15% of my income not including the match (I did not start out contributing that much). The 6% match is just icing on the cake right now.

I follow the Dave Ramsey program or at least try hard to do so!

For three years, not bad.

401K $41,027.12
Roth IRA $17,569.72
Total $58,596.84

3 Responses to “Retirement Update”

  1. PatientSaver Says:
    1437524776

    That's a nice piece of change. Keep up the good work.

  2. Petunia 100 Says:
    1437532644

    That is a lot for only 3 years. Good job. Smile

  3. Tabs Says:
    1437829317

    Wow, you're putting 15% into your 401(k)? That's wonderful!

    After the 6% match though, have you considered putting the other 9% into your Roth instead? Or do you max your Roth already? Usually, people do that because their 401(k) isn't quite as good as their IRA, except of course to capture the employer match.

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