Tuesday, September 28, 2010


I have always enjoyed working with numbers as well as dreamed of an early retirement (like now!)  I also really enjoy watching numbers increase when it comes to my savings and investments (who doesn’t?).

Every so often, I check to see how my 401K at work is doing.  As of last week, I had a little over $24,000.  I have been in this position as a Purchasing Agent for 8 years, and all I’ve accumulated is $24,000?  I am a bit embarrassed about that.  I have been investing in my 401K since 2003!

I then found this article online:

I am 29 years old, and I make a little more than the number listed for 29 year olds, yet have $6,000 less in my 401K than what is listed as a suggestion!
This is even more motivation to get Todd’s vehicle paid off (soon!) as well as his credit card so that we can start investing with an ELP (Endorsed Local Provider) of Dave Ramsey’s in our area. I realize time is of the essence, but I wish I would have been more responsible before I was married and socked a lot more into the retirement account.  I suppose it doesn’t help that I lost over 18% when the market crashed a few years ago.

How are you doing with your retirement fund?  Are you on track?


  1. It is never too late to start! And you'll recoup that 18% long before you retire.

    We spent 6 years in graduate school only contributing to IRAs, so we have a lot of catch-up retirement saving to do before we hit the recommended savings for our profile.

  2. I completely agree. Hubby is 39 and I finally got him investing a bit of his income into his company 401k. After the debts (but the house) are paid off, I would like to contribute 15% of our income.