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re: Just started my first Job out of college

Posted on 3/11/10 at 9:39 am to
Posted by Cash
Vail
Member since Feb 2005
37249 posts
Posted on 3/11/10 at 9:39 am to
quote:

The company matches 4% thats why I put that amount. I am going to look into a Roth ira


Making $70k with no bills you can and should max out both the Roth and the 401k
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 3/11/10 at 9:43 am to
quote:

Making $70k with no bills you can and should max out both the Roth and the 401k


I agree with this...after you have a nice chunk in savings. At your salary I'd recommend ~25-35k.

And like someone else said, don't get in a hurry to buy a new house or truck. I did and I now regret it. I'm not in debt or anything, but I should have alot more cash than I do.
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