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Tag Archives: 401K

Tweet Retirement. The 800-pound gorilla in the personal finance room. You can’t talk about personal finance without talking about retirement. And you can’t talk about retirement without talking about how much you are saving for it. I was reading on Bruce Bucks when this note caught my eye: according to personal finance expert Liz Weston’s […]

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Tweet Crossing a milestone You know what’s really great about getting married? Getting to calculate your combined retirement savings! When we added together our 401K and IRA balances, we saw that we have crossed the $100,000 mark with a few thousand dollars to spare. As a couple in our twenties (I am 26 and CB […]

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Tweet What does a retirement investment portfolio and mystery meat have in common? I’m not sure what animal products mystery meat is made of (and not sure I want to know…), and I wasn’t clear on what investments make up my retirement portfolio. When I first started investing in 2006, I had one retirement vehicle – […]

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Tweet My biggest financial news for June is that I’ve hit $16,500 in contributions to the 401K.  I am happy that I’ve done so, but for the most part I don’t really feel much difference in my net pay. Once I maxed out the 401K, I zeroed out my W-4 deductions and set up automatic […]

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Tweet A Spender vs. Saver Whenever articles come out that ask: Are you a natural-born Saver or Spender? I always think about which category I’d fall into. On the surface, I’d probably be classified as a natural saver – I save for retirement, long-term goals, big trips, etc., and I don’t live beyond my means. […]

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Tweet Is there any topic as scintillating as that of retirement? Especially to newly minted college graduates? I think not! Retirement seems far off, but without a plan it comes much faster and harder than one expects. It’s not too difficult to just get started… check out my new post at the LendingTree blog: 5 […]

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Tweet Most people think that laziness is a detriment to accumulating wealth. In certain situations, though, it can help! Laziness is how I am on track to max out my 401K in 7 months. After getting my first paycheck of 2011, I realized two things: 1. The payroll tax deduction IS real! Yes for extra […]

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Tweet Growing up, I never had personal finance as part of the curriculum. But everything I’ve learned about motivation to save for retirement, I’ve learned in high school. Recently, TeacHer Finance wrote a post sharing her perspective – she hates saving for retirement.  I understand her reasons.. maybe that’s why I don’t really think about […]

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Tweet Ah.. balance. That holy grail most personal finance bloggers (including this one) searches for. Saving for retirement is one of my biggest financial priorities, but I know that I have to balance saving for the far off future with saving for the near-term future.  Prepare for tomorrow but enjoy life today, right? I recently […]

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Tweet Most personal finance experts recommend contributing to the 401K up to the match.  Even without a match, the plan provides a fairly easy way to automate your savings while lowering your taxes.  With open enrollment approaching at my job, I’m faced with the question: Should I max out my 401K? When I first got […]

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Tweet Retirement planning is as much an art as a science.  One of the most common questions is: How am I doing?  No one can tell you for sure, but one nifty little website tries to give you a sense of your progress compared to a predefined index. This website, the Pudding Index, tries to […]

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Tweet You know you are a personal finance blogger when the prospect of making new retirement contributions makes you so excited you can’t stop looking over the 401K plan document. Now that I have a new job, it’s time for revised objectives for 2010. My financial goals for 2010 are simple: I want to contribute […]

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Tweet It’s rather difficult to plan for 2010 because I really have no idea how my finances will be. If I get a job in the States, then of course I will max out my Roth IRA and try to come as close to maxing out my 401K as I can’t. But if I work in […]

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Tweet *sung to tone of Britney Spears’ “(You Drive Me) Crazy”* 401(K), I’m so into you You got that tax deferral, what can I do 401(K), for you I waited a year Now I know that my tax vehicle is here You drive me to savings I just can’t sleep I’m so excited, I’m in […]

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Tweet Here’s one of my biggest personal finance pet peeves: one of the biggest source of tax deferral for the middle class, the 401(K), is utterly dependent on the employer. Doesn’t this arrangement feel a little anachronistic in an age where careers may be characterized by frequent job changes and/or stints at self-employment? I didn’t […]

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