One strategy my wife and I have done with our retirement savings very early one was to max out our 401k and just forget we made more money than that. Instead of making 80k per year now I made 66k. Instead of her making 50k per year, she made 34k. That’s it. It’s that simple. … Continue reading How to be an aggressive saver: Think about the ‘net’ not the ‘pre-tax’ numbers
When my wife and I were burgeoning young seniors at university we thought it would take years and years before we would make enough money to be ineligible to contribute to a Roth IRA any longer. Thankfully, we immediately opened Roth IRA accounts and immediately maxed them out as soon as we started making money … Continue reading Roth IRA: Max it out NOW while you still can!