Current Events > Make sure to contribute to your 401k or Roth

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BignutzisBack 05/10/19 8:59:19 PM #1:	You don't want to be working until you die --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:921736739] in Make sure ... [t:77706948]...</cite> <quote>You don't want to be working until you die</quote> ... Copied to Clipboard!
Houston 05/10/19 9:02:54 PM #2:	That's definitely a first step, particularly if your employer matches. But contributing enough is key. Ideally it should be 15%-20% of your pay. Definitely 10%. --- "Sometimes you will never know the value of a moment until it becomes a memory." - Dr Seuss <cite>Houston posted [p:921736841] in Make sure ... [t:77706948]...</cite> <quote>That's definitely a first step, particularly if your employer matches. But contributing enough is key. Ideally it should be 15%-20% of your pay. Definitely 10%.</quote> ... Copied to Clipboard!
DrizztLink 05/10/19 9:04:00 PM #3:	Why should I contribute to Roth? Dude makes more off one movie than I will see in my life. --- http://guidesmedia.ign.com/guides/9846/images/slowpoke.gif https://imgur.com/6ezFwG1 <cite>DrizztLink posted [p:921736879] in Make sure ... [t:77706948]...</cite> <quote>Why should I contribute to Roth? Dude makes more off one movie than I will see in my life.</quote> ... Copied to Clipboard!
Master_Bass 05/10/19 9:06:13 PM #4:	And if your employer doesn't offer a 401K/Roth 401K you can always open an IRA/Roth IRA. You should probably use one even if you have a 401K even. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:921736945] in Make sure ... [t:77706948]...</cite> <quote>And if your employer doesn't offer a 401K/Roth 401K you can always open an IRA/Roth IRA. You should probably use one even if you have a 401K even.</quote> ... Copied to Clipboard!
Hexenherz 05/10/19 9:08:47 PM #5:	I contribute to a traditional TSP and I wish I had started a Roth instead. Also I feel like it's not performing as well as I would have hoped. I guess I still have like 20+ years to keep saving but damn. Or even 30+ years I guess I just feel old already. --- FFXIV: Herzog Erislieb (Cactaur) \| ESO: @Ultima_Vyse RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div <cite>Hexenherz posted [p:921737020] in Make sure ... [t:77706948]...</cite> <quote>I contribute to a traditional TSP and I wish I had started a Roth instead. Also I feel like it's not performing as well as I would have hoped. I guess I still have like 20+ years to keep saving but damn. Or even 30+ years I guess I just feel old already.</quote> ... Copied to Clipboard!
friendbuddypal 05/10/19 9:10:57 PM #6:	Make sure not to deduct your Roth contributions from your W2. That would be tax avoidance, which is immoral. --- CIA: You're a big guy. Bane: For you. <cite>friendbuddypal posted [p:921737100] in Make sure ... [t:77706948]...</cite> <quote>Make sure not to deduct your Roth contributions from your W2. That would be tax avoidance, which is immoral.</quote> ... Copied to Clipboard!
Master_Bass 05/10/19 9:18:00 PM #7:	Hexenherz posted... I contribute to a traditional TSP and I wish I had started a Roth instead. You can always change your future contributions to the Roth TSP or even do a mix of them. I contribute 50% to the traditional TSP and the other 50% to Roth. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:921737336] in Make sure ... [t:77706948]...</cite> <quote><cite>Hexenherz posted...</cite> <quote>I contribute to a traditional TSP and I wish I had started a Roth instead.</quote> You can always change your future contributions to the Roth TSP or even do a mix of them. I contribute 50% to the traditional TSP and the other 50% to Roth.</quote> ... Copied to Clipboard!
Hexenherz 05/10/19 9:23:35 PM #8:	Master_Bass posted... Hexenherz posted... I contribute to a traditional TSP and I wish I had started a Roth instead. You can always change your future contributions to the Roth TSP or even do a mix of them. I contribute 50% to the traditional TSP and the other 50% to Roth. I feel like it's too late. But maybe not. I guess it's never too late to save money >_>. --- FFXIV: Herzog Erislieb (Cactaur) \| ESO: @Ultima_Vyse RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div <cite>Hexenherz posted [p:921737530] in Make sure ... [t:77706948]...</cite> <quote><cite>Master_Bass posted...</cite> <quote><cite>Hexenherz posted...</cite> <quote>I contribute to a traditional TSP and I wish I had started a Roth instead.</quote> You can always change your future contributions to the Roth TSP or even do a mix of them. I contribute 50% to the traditional TSP and the other 50% to Roth.</quote> I feel like it's too late. But maybe not. I guess it's never too late to save money >_>.</quote> ... Copied to Clipboard!
Cosmic_Diabetic 05/10/19 9:25:06 PM #9:	I know people who have employers that match and they don't max that out. They're literally turning away free money. --- Others find humanity by looking in their own hearts. Only lost souls need to search for it outside themselves." <cite>Cosmic_Diabetic posted [p:921737592] in Make sure ... [t:77706948]...</cite> <quote>I know people who have employers that match and they don't max that out. They're literally turning away free money.</quote> ... Copied to Clipboard!
unclekoolaid73 05/10/19 9:37:39 PM #10:	Cosmic_Diabetic posted... I know people who have employers that match and they don't max that out. They're literally turning away free money. Just curious, which employers are doing this. --- https://imgur.com/NilNCvi <cite>unclekoolaid73 posted [p:921738029] in Make sure ... [t:77706948]...</cite> <quote><cite>Cosmic_Diabetic posted...</cite> <quote>I know people who have employers that match and they don't max that out. They're literally turning away free money.</quote> Just curious, which employers are doing this.</quote> ... Copied to Clipboard!
VIIVincent 05/10/19 9:41:13 PM #11:	However little it is, it's better to be safe than sorry. --- This is the internet. You know the price it comes with when you have entered the filth and scum of this world. <cite>VIIVincent posted [p:921738142] in Make sure ... [t:77706948]...</cite> <quote>However little it is, it's better to be safe than sorry.</quote> ... Copied to Clipboard!
BignutzisBack 05/11/19 12:13:12 AM #12:	VIIVincent posted... However little it is, it's better to be safe than sorry. True --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:921743751] in Make sure ... [t:77706948]...</cite> <quote><cite>VIIVincent posted...</cite> <quote>However little it is, it's better to be safe than sorry.</quote> True</quote> ... Copied to Clipboard!
Trigg3rH4ppy 05/11/19 12:15:38 AM #13:	It's so much less stressful to just accept that I'll die at work And I have a healthcare plan too, I'm American so if I get terminally I'll I can go buy a treatment for that at Walmart in sporting goods --- ~A little nonsense, now and then, is relished by the wisest men ~ TWSSted since~ 3/27/12 https://imgur.com/zlaENmx <cite>Trigg3rH4ppy posted [p:921743849] in Make sure ... [t:77706948]...</cite> <quote>It's so much less stressful to just accept that I'll die at work And I have a healthcare plan too, I'm American so if I get terminally I'll I can go buy a treatment for that at Walmart in sporting goods</quote> ... Copied to Clipboard!
green butter 05/11/19 12:16:17 AM #14:	Oh shit I forgot to open mine. Good looking our mr nutz --- https://imgur.com/LhwwG <cite>green butter posted [p:921743877] in Make sure ... [t:77706948]...</cite> <quote>Oh shit I forgot to open mine. Good looking our mr nutz</quote> ... Copied to Clipboard!
Master_Bass 05/11/19 6:15:14 AM #15:	Hexenherz posted... Master_Bass posted... Hexenherz posted... I contribute to a traditional TSP and I wish I had started a Roth instead. You can always change your future contributions to the Roth TSP or even do a mix of them. I contribute 50% to the traditional TSP and the other 50% to Roth. I feel like it's too late. But maybe not. I guess it's never too late to save money >_>. Nah, 20+ years is a long time for all that money to compound. It's definitely not too late for you. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:921749773] in Make sure ... [t:77706948]...</cite> <quote><cite>Hexenherz posted...</cite> <quote><cite>Master_Bass posted...</cite> <quote><cite>Hexenherz posted...</cite> <quote>I contribute to a traditional TSP and I wish I had started a Roth instead.</quote> You can always change your future contributions to the Roth TSP or even do a mix of them. I contribute 50% to the traditional TSP and the other 50% to Roth.</quote> I feel like it's too late. But maybe not. I guess it's never too late to save money >_>.</quote> Nah, 20+ years is a long time for all that money to compound. It's definitely not too late for you.</quote> ... Copied to Clipboard!
Kraidette 05/11/19 7:47:01 AM #16:	No need, I'll be getting 2500 a month for the rest of my life without lifting a finger. <cite>Kraidette posted [p:921750975] in Make sure ... [t:77706948]...</cite> <quote>No need, I'll be getting 2500 a month for the rest of my life without lifting a finger.</quote> ... Copied to Clipboard!
TheBiggerWiggle 05/11/19 7:51:01 AM #17:	Our generation wont get to retire. --- I have trouble concentrating because I have 80HD. <cite>TheBiggerWiggle posted [p:921751044] in Make sure ... [t:77706948]...</cite> <quote>Our generation wont get to retire.</quote> ... Copied to Clipboard!
clearaflagrantj 05/11/19 8:09:55 AM #18:	HSA is a powerful investment vehicle if your company offers it. Tax free money going in, tax free growth, tax free distributions if you spend the money on medical bills. <cite>clearaflagrantj posted [p:921751379] in Make sure ... [t:77706948]...</cite> <quote>HSA is a powerful investment vehicle if your company offers it. Tax free money going in, tax free growth, tax free distributions if you spend the money on medical bills.</quote> ... Copied to Clipboard!
BignutzisBack 05/11/19 11:18:05 PM #19:	clearaflagrantj posted... HSA is a powerful investment vehicle if your company offers it. Tax free money going in, tax free growth, tax free distributions if you spend the money on medical bills. You can invest your HSA? --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:921779351] in Make sure ... [t:77706948]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote>HSA is a powerful investment vehicle if your company offers it. Tax free money going in, tax free growth, tax free distributions if you spend the money on medical bills.</quote> You can invest your HSA?</quote> ... Copied to Clipboard!
Stallion_Prime 05/11/19 11:26:25 PM #20:	Whats the difference --- -Hunter1534 http://abload.de/img/powercdkcb.gif <cite>Stallion_Prime posted [p:921779633] in Make sure ... [t:77706948]...</cite> <quote>Whats the difference</quote> ... Copied to Clipboard!
BignutzisBack 05/11/19 11:27:08 PM #21:	Stallion_Prime posted... Whats the difference In a 401k you put money in Pre taxed and when you cash it out when you retire you pay taxes, in a Roth you pay the tax right away --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:921779653] in Make sure ... [t:77706948]...</cite> <quote><cite>Stallion_Prime posted...</cite> <quote>Whats the difference</quote> In a 401k you put money in Pre taxed and when you cash it out when you retire you pay taxes, in a Roth you pay the tax right away</quote> ... Copied to Clipboard!
BignutzisBack 05/12/19 3:48:09 PM #22:	bump --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:921802960] in Make sure ... [t:77706948]...</cite> <quote>bump</quote> ... Copied to Clipboard!
clearaflagrantj 05/13/19 2:00:11 PM #23:	BignutzisBack posted... clearaflagrantj posted... HSA is a powerful investment vehicle if your company offers it. Tax free money going in, tax free growth, tax free distributions if you spend the money on medical bills. You can invest your HSA? You sure can Mine is through TDAmeritrade <cite>clearaflagrantj posted [p:921841145] in Make sure ... [t:77706948]...</cite> <quote><cite>BignutzisBack posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote>HSA is a powerful investment vehicle if your company offers it. Tax free money going in, tax free growth, tax free distributions if you spend the money on medical bills.</quote> You can invest your HSA?</quote> You sure can Mine is through TDAmeritrade</quote> ... Copied to Clipboard!
Solid Snake07 05/13/19 2:03:37 PM #24:	If your employer offers to match your 401k contribution you're an idiot not to do it. They're essentially offering to give you more money. --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:921841243] in Make sure ... [t:77706948]...</cite> <quote>If your employer offers to match your 401k contribution you're an idiot not to do it. They're essentially offering to give you more money.</quote> ... Copied to Clipboard!
Solid Snake07 05/13/19 2:05:38 PM #25:	TheBiggerWiggle posted... Our generation wont get to retire. speak for yourself Hell I could retire in the next 5 years if I wanted to and the economy didn't go to complete shit. But I don't and I won't --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:921841308] in Make sure ... [t:77706948]...</cite> <quote><cite>TheBiggerWiggle posted...</cite> <quote>Our generation wont get to retire.</quote> speak for yourself Hell I could retire in the next 5 years if I wanted to and the economy didn't go to complete shit. But I don't and I won't</quote> ... Copied to Clipboard!
AlephZero 05/13/19 2:08:18 PM #26:	this is why we need socialism nobody should have a net worth of more than $10k --- "life is overrated" - Seiichi Omori 01001100 01010101 01000101 00100000 00110100 00110000 00110010 <cite>AlephZero posted [p:921841401] in Make sure ... [t:77706948]...</cite> <quote>this is why we need socialism nobody should have a net worth of more than $10k</quote> ... Copied to Clipboard!
Solid Snake07 05/13/19 3:03:44 PM #27:	AlephZero posted... this is why we need socialism nobody should have a net worth of more than $10k Look at all these poor pieces of shit! --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:921843335] in Make sure ... [t:77706948]...</cite> <quote><cite>AlephZero posted...</cite> <quote>this is why we need socialism nobody should have a net worth of more than $10k</quote> Look at all these poor pieces of shit!</quote> ... Copied to Clipboard!
Naysaspace 05/13/19 3:14:49 PM #28:	TFW Canadian --- NHLB Saturday Picks: https://goo.gl/1MeMQg Saturday Picks Playoffs: https://1drv.ms/x/s!AmIZ0syZBSXdgUTWabLmmeLr3YJI <cite>Naysaspace posted [p:921843779] in Make sure ... [t:77706948]...</cite> <quote>TFW Canadian</quote> ... Copied to Clipboard!
SK8T3R215 05/13/19 4:04:01 PM #29:	TheBiggerWiggle posted... Our generation wont get to retire. me: ok --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:921845543] in Make sure ... [t:77706948]...</cite> <quote><cite>TheBiggerWiggle posted...</cite> <quote>Our generation wont get to retire.</quote> me: ok</quote> ... Copied to Clipboard!
Krojen 05/13/19 4:35:55 PM #30:	Imagine thinking any of this shit will matter in 20-40 years when we will have reached technological singularity. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:921846783] in Make sure ... [t:77706948]...</cite> <quote>Imagine thinking any of this shit will matter in 20-40 years when we will have reached technological singularity.</quote> ... Copied to Clipboard!
Giant_Aspirin 05/13/19 4:37:40 PM #31:	Hexenherz posted... I feel like it's too late it's never too late to start saving for retirement. the general guidelines are: - pay off high interest debt - take full advantage of employer match - max out Roth IRA - pay off low interest debt - max out 401k/retirement plan - add any additional savings to other LTS account --- Playing: Dragon Quest XI, Vermintide 2 I suppose it will all make sense when we grow up <cite>Giant_Aspirin posted [p:921846862] in Make sure ... [t:77706948]...</cite> <quote><cite>Hexenherz posted...</cite> <quote>I feel like it's too late</quote> it's never too late to start saving for retirement. the general guidelines are: - pay off high interest debt - take full advantage of employer match - max out Roth IRA - pay off low interest debt - max out 401k/retirement plan - add any additional savings to other LTS account</quote> ... Copied to Clipboard!
SK8T3R215 05/13/19 4:38:40 PM #32:	Krojen posted... Imagine thinking any of this shit will matter in 20-40 years when we will have reached technological singularity. True just sit back and let technology take the wheel. --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:921846908] in Make sure ... [t:77706948]...</cite> <quote><cite>Krojen posted...</cite> <quote>Imagine thinking any of this shit will matter in 20-40 years when we will have reached technological singularity.</quote> True just sit back and let technology take the wheel.</quote> ... Copied to Clipboard!
MacadamianNut3 05/13/19 4:40:20 PM #33:	Employer matches up to 5% --- Roll Tide & Go Irish <cite>MacadamianNut3 posted [p:921846984] in Make sure ... [t:77706948]...</cite> <quote>Employer matches up to 5%</quote> ... Copied to Clipboard!
fan357 05/13/19 4:46:13 PM #34:	Im 32 and I have around 200k saved up across all my accounts. No debt. I think Im doing alright. --- Never forget where you came from. <cite>fan357 posted [p:921847240] in Make sure ... [t:77706948]...</cite> <quote>Im 32 and I have around 200k saved up across all my accounts. No debt. I think Im doing alright.</quote> ... Copied to Clipboard!
BignutzisBack 05/13/19 4:59:00 PM #35:	Krojen posted... Imagine thinking any of this shit will matter in 20-40 years when we will have reached technological singularity. Da fuck is that, sounds like cyborgs fan357 posted... Im 32 and I have around 200k saved up across all my accounts. No debt. I think Im doing alright. You are way behind, enjoy dying in the streets smh --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:921847753] in Make sure ... [t:77706948]...</cite> <quote><cite>Krojen posted...</cite> <quote>Imagine thinking any of this shit will matter in 20-40 years when we will have reached technological singularity.</quote> Da fuck is that, sounds like cyborgs <cite>fan357 posted...</cite> <quote>Im 32 and I have around 200k saved up across all my accounts. No debt. I think Im doing alright.</quote> You are way behind, enjoy dying in the streets smh</quote> ... Copied to Clipboard!
fan357 05/13/19 7:17:04 PM #36:	:( --- Never forget where you came from. <cite>fan357 posted [p:921853016] in Make sure ... [t:77706948]...</cite> <quote>:(</quote> ... Copied to Clipboard!
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Current Events > Make sure to contribute to your 401k or Roth (+) Yeah! (+)

Current Events > Make sure to contribute to your 401k or Roth