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 "Middle-aged and a financial dud"
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]Have the savings come directly from your paycheck so you don't even see it. Make some goals - If you are 45, you still have 20 years of savings between now and 65. So say you want to have $1 million saved then - make a spreadsheet on how much to save between now and then. I think you can likely do it by maxing 401ks and IRAs, and upping those amounts when you reach 50 with the "catch-up" contributions. Then you'll have to look at your spending to see where you can cut. Track your spending - there are some online tools like Mint that will do it for you, but you'll have to link your accounts. And then you'll have to stick to your plan. Which will mean forgoing some of the things you've been spending on (restaurants, vacations, latest cell phones, etc.) Learn to love all of the free things available to see and do around here, and the thrift shops, etc. You can do it! All is not lost![/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
