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re: This Is What Life Without Retirement Savings Looks Like

Posted on 2/22/18 at 9:56 pm to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71694 posts
Posted on 2/22/18 at 9:56 pm to
Insane. I haven't hit 30 yet and I already have 15k in both a company sponsored retirement plan and a Roth IRA.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
49119 posts
Posted on 2/22/18 at 9:58 pm to
I just turned 40 and have 15x that amount. Granted I have always maxed out. If your company matches you are giving them free money if you don't
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8870 posts
Posted on 2/22/18 at 10:00 pm to
At your age, why a Roth IRA? I understand diversification, but you’re losing major earning potential on those pre-tax dollars going the Roth route.
Posted by White Bear
Yonnygo
Member since Jul 2014
14241 posts
Posted on 2/22/18 at 10:14 pm to
quote:

Insane. I haven't hit 30 yet and I already have 15k in both a company sponsored retirement plan and a Roth IRA.
You're on the right track. I didn't have a 401 until I was damn near 30.
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