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re: At what age did you start putting the max yearly limit towards your 401(k)?

Posted on 2/3/14 at 4:48 pm to
Posted by That's BS
Smoothie King Center
Member since Jan 2012
1783 posts
Posted on 2/3/14 at 4:48 pm to
Started my job at 25, started contributing to my 457 immediately with what would amount to about 60% of the max. Within 4 months, I increased it to the max and haven't touched it since except to increase to the new max when the max contribution limit increased. Money is taken from check before I ever see it, so I just pretend like it's not there and live/budget based on the amount deposited in my bank account.

Only "financial hardships" were purchase of new home and saving for a wedding that is next month.

A couple years later I started doing additional investing of about another $500 a month. If I ever need access to more money, this would be what I would stop doing first.
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