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re: Retirement Contributions. Do you agree with this chart?
Posted on 6/22/18 at 6:55 pm to LSU6262
Posted on 6/22/18 at 6:55 pm to LSU6262
Forget the fricken percents if your goal is FIRE.
Get the match yesterday,
Max roth, then max remainder of 401 if you can or by putting in any raises you get. Get an HSA going if possible. Keep a good running balance in savings to cover emergencies. Put away some each month for car replacement, keep current vehicle until car notes are a thing of the past. Low cost, broad market index funds are suggested if those options are offered in the accounts, this will add up huge over time.
Get the match yesterday,
Max roth, then max remainder of 401 if you can or by putting in any raises you get. Get an HSA going if possible. Keep a good running balance in savings to cover emergencies. Put away some each month for car replacement, keep current vehicle until car notes are a thing of the past. Low cost, broad market index funds are suggested if those options are offered in the accounts, this will add up huge over time.
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