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Jan 15, 2021
11:53
:58
am
doups3
Playmaker
Surprised to hear you can max out 401k and Roth on a teacher’s salary.
Don’t teachers make like 50k? Maxing out 401 and Roth would be like half the salary every year.
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doups3
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doups3
Joined
Jun 29, 2010
Last login
Jun 14, 2024
Total posts
1,801 (65 FO)
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Messages
Author
Time
There is a balance between living responsibly to set yourself up for long-term
garyfan
1/15/21 9:57am
100% true.
macdizzle
1/15/21 10:02am
Thanks for this post. I feel like we are just getting to a place where we have
Shinshin
1/15/21 10:07am
Amen. I'm approaching 50, and I'm still learning to not be such a tightwad. I've
PGVikingDad
1/15/21 10:07am
The odds of me having the physical ability to do much of anything after age 60
Jay Rick
1/15/21 10:08am
Experiences makes sense, but stuff less so
Gustav
1/15/21 10:14am
I think spending on experiences with family should have been a higher priority
grosven
1/15/21 10:14am
I don't think he's saying "live as a student until you have it made". I think he's saying "live within the means of
unctoothman
1/15/21 10:16am
Right, seems like more people want to live the way their parents do
Gustav
1/15/21 10:19am
Reminds of my one of my fellow residents from back in the day
Medute
1/15/21 10:17am
Absolutely. I've posted this before, but my wife's family growing up
Adwight
1/15/21 10:32am
Surprised to hear you can max out 401k and Roth on a teacher’s salary.
doups3
1/15/21 11:53am
It's more than that and they contribute 10% of my salary into the 401k.
Adwight
1/15/21 12:00pm
Yep, middle ground is critical here
jhingman
1/15/21 10:38am
Yep.
Gerald-DeGroot
1/15/21 11:43am
As with most things, the earlier you start the better off you are. If you go
Spine
1/15/21 5:55pm
Story from BYU professor who had recently lost his wife at the time.
Powerbait DPM
1/15/21 10:22pm
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