Reply to At what HHI did you start fully funding your 401k?

Forum Index » Money and Finances

Reply to "At what HHI did you start fully funding your 401k? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I tried fully funding at $160K, but found I could not do it - I ended up with credit card debt.  So now I fund about $10K annually, plus a company match of 5% of my salary.[/quote]

What does your budget/expenditure look like? I find it interesting that it's hard to fully fund at 160k without incurring CC debt for other expenses.[/quote]

OP here.   It's not interesting, it is sad because I don't know where the money goes....mortgage is $2300 per month, save about $1,000 per month in 529s for college kids, we have (unfortunately) pretty high health care costs (because of costs that are not covered by insurance), car payments, utilities, cell phone, cable....and the rest is just living.  I'm not complaining because I have a high quality of life, and am saving way more than most people.  But at the end of the month I am always out of cash.

(I should also add that I am a fed, so will have a pension on top of my 401k/TSP savings.  So that's part of why I don't worry too much about not maxing out)[/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