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re: How much money do you put in savings every paycheck?
Posted on 12/2/12 at 5:36 pm to Too Frat To Care
Posted on 12/2/12 at 5:36 pm to Too Frat To Care
As much as humanly possible is the correct answer.
Don't forget that you can take back your Roth contributions without any penalty, there's really no need for a "rainy day" fund.
"Love em and leave em" is a more sound financial strategy.
Don't forget that you can take back your Roth contributions without any penalty, there's really no need for a "rainy day" fund.
quote:
One day I will have to buy a ring also.
"Love em and leave em" is a more sound financial strategy.
1
Posted on 12/2/12 at 6:01 pm to foshizzle
I would rather treat my ability to withdraw from a Roth as a "HOLY frick EVERYTHING IS GOING TO HELL IN MY LIFE" fund and use a taxable account fund for rainy days.
Unless there is some way you can backdoor borrow and put back I don't know about. A Roth's biggest weakness is the limit you can put in.
I dont want to take out till my contributions are a small percentage of total value anyway.
Unless there is some way you can backdoor borrow and put back I don't know about. A Roth's biggest weakness is the limit you can put in.
I dont want to take out till my contributions are a small percentage of total value anyway.
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