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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 saintforlife1
Posted on 2/3/14 at 4:48 pm to saintforlife1
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.
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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