When I first started working I remember thinking, “If only I could save $50,000, then I’d feel relatively content and secure.” When the bank account reached $50,000 the number in my mind jumped to $100,000, but when I hit that $100,000 mark the figure in my head continued to grow. I saved the maximum amount in my …
Back when I was working, (I now stay at home with my 16 month old son), I spent half of my daily commute dreaming about retirement. Traffic in the Washington, DC area is among the worst in the country and every day as I sat sandwiched between thousands of cars on the beltway I would …
As I mentioned a few days ago I am currently in the process of rolling my 401(k) into an IRA. My employer instituted a Roth 401(k) a few years ago, so some money will roll into a Roth IRA and the rest will roll into a traditional IRA. To be more precise roughly $100,000 will …
My job officially ended with my former company in November of last year. In early December I received my last paycheck and on the last day of 2011 I received my severance payout. As each of these events transpire I feel the book officially closing on my previous employment. I believe yesterday marked the final …
I started contributing to my 401(k) in 1999 with my very first paycheck at my very first job straight out of college. Of course, I made such a teeny, tiny salary when I first began working that I couldn’t max out my contributions, but in 2002 and 2003 I got really close and in 2004 …