Time to bump up that 401k

[DriveInDriveOut]

I preach to them all of the time.

lowered my contribution
suck it green man

 

[IVE GOTTA PACKAGE 4U]

lowered my contribution
suck it green man

Why?

 

[DriveInDriveOut]

Why?

DCA
making too much money
trying to spread em out over the whole year

 

[IVE GOTTA PACKAGE 4U]

DCA
making too much money
trying to spread em out over the whole year

That's a good problem to have.

 

[IVE GOTTA PACKAGE 4U]

I checked my 401k balance the other day and was pleasantly surprised what I found. Retirement might just work out.

Me too. I was like Damn, I got a shot of getting out of this place.

 

[IVE GOTTA PACKAGE 4U]

View attachment 178766
Me too but they don’t listen , they think they’ll be 21 and be able to keep that pace forever..

It goes by fast

 

[DriveInDriveOut]

That's a good problem to have.

I've been eyeing vanguard IRA's for the wife and I for a while now, been looking at the large cap admiral fund. Might try to buy the dip. Not sure there's time for a new account and transfer from my bank and all that though, doubt the dip will last more than a few days.

 

[IVE GOTTA PACKAGE 4U]

I've been eyeing vanguard IRA's for the wife and I for a while now, been looking at the large cap admiral fund. Might try to buy the dip. Not sure there's time for a new account and transfer from my bank and all that though, doubt the dip will last more than a few days.

You need a certain amount to get into an Admiral fund.

 

[DriveInDriveOut]

You need a certain amount to get into an Admiral fund.

3k I think.
I didn't want to take it from my emergency fund but might have to.

I was waiting for tax refund and escrow refund from my refi to a 15 year. But old lender paid my property taxes on the day of my closing, and new lender won't analyze the new escrow account for 60 days.... smh. 4k escrow overpayment I can't get for another month, bastards.

 

[IVE GOTTA PACKAGE 4U]

3k I think.
I didn't want to take it from my emergency fund but might have to.

I was waiting for tax refund and escrow refund from my refi to a 15 year. But old lender paid my property taxes on the day of my closing, and new lender won't analyze the new escrow account for 60 days.... smh. 4k escrow overpayment I can't get for another month, bastards.

Not for Admiral shares. They are at least 10k or more.

 

[Jones]

3k I think.
I didn't want to take it from my emergency fund but might have to.

I was waiting for tax refund and escrow refund from my refi to a 15 year. But old lender paid my property taxes on the day of my closing, and new lender won't analyze the new escrow account for 60 days.... smh. 4k escrow overpayment I can't get for another month, bastards.

I thought you needed 10k?

 

[DriveInDriveOut]

I thought you needed 10k?

Not for Admiral shares. They are at least 10k or more.

Ouch.
Well guess I'm not starting with admiral funds then.

 

[Jones]

Ouch.
Well guess I'm not starting with admiral funds then.

I'm pretty sure that you can just start investing in a fund that offers Admiral shares and down the road when your balance hits 10k+ you can convert all your shares to Admiral shares.

 

[IVE GOTTA PACKAGE 4U]

Ouch.
Well guess I'm not starting with admiral funds then.

But once your account reached 10k they will automatically convert.

 

[IVE GOTTA PACKAGE 4U]

I'm pretty sure that you can just start investing in a fund that offers Admiral shares and down the road when your balance hits 10k+ you can convert all your shares to Admiral shares.

Oops. I was too slow.

 

[IVE GOTTA PACKAGE 4U]

I'm pretty sure that you can just start investing in a fund that offers Admiral shares and down the road when your balance hits 10k+ you can convert all your shares to Admiral shares.

 

[yadadamean116]

These youngster runners in my building run all day and have no 401k , rude awakening coming ahead for them.

If you haven’t already, you should maybe teach them. Some aren’t taught growing up

 

[IVE GOTTA PACKAGE 4U]

If you haven’t already, you should maybe teach them. Some aren’t taught growing up

And unfortunately our employer does nothing to promote it.

 

[Returntosender]

Well I just have EJ IRA not no big dollars like you guys talking about

 

[MECH-lift]

you should maybe teach them

Not my job , please stop harassing me , I’m working as fast as I can