Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Not fully funding 401k? Why not?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]A lot of people reduce contributions during those 5-10 years in which daycare expenses are at their highest. Most people hit that point of life in their 30s, which means they also typically carry a newish mortgage. As daycare expenses go down and mortgage becomes a lower percent of a household's income, people are able to dedicate more resources to funding retirement. It really is a simple as that, this is a wealthy area so we often lose sight of this, but very few people can afford daycare + mortgage while deferring $18,500 of income. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
