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 "How do you make maxing out TSp/401K work?"
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][quote=Anonymous]I get what you're saying bc it also feels "better" to me to have money "available" in savings rather than locked away for retirement 3 decades for now. However, I think you need to set a number for what you want in the savings account. Once that number is hit, reduce those savings and contribute whatever % of your paycheck needed to max out. You work for the gov't -- you have to plan for usual life expenditures like anyone else - say if the washer/dryer or the roof were to go; but you don't exactly need to be worried about being laid off with a 2 week severance. Unless you are planning to leave the govt soon, do you REALLY need that much in an emergency fund?[/quote] There are many other emergencies - like needing an expensive house repair or being a fed that gets injured or your spouse is injured and you need to take unpaid leave. [/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