I have maxed out my 2017 Roth! I have been tracking my contributions all year and they are as follows:
4/14/17- $1,004
5/15/17- $1000
6/15/17- $1,000
7/15/17-$1,378
8/15/17- $1,118
So now I will work on getting another $2,000 into a taxable brokerage account. This morning I transferred $695 into my taxable account. My hope is to contribute $9,500 into retirement for the year. I did $2,000 into my 2016 Roth, $5,500 into my 2017 Roth and hope to get $2,000 into a taxable account.
Next year, I plan to contribute $10,000 towards retirement and I plan to add $500 a year to that total each year until the number becomes completely unrealistic. I'll keep my fingers crossed that I am saving enough fast enough.
That's great progress you've been making with the retirement accounts! I plan to max mine out for 2017. Still have some more time to go, but once the 2k/mo I pay toward credit cards is gone, making the Roth should be a lot more attainable. Do my 401k up to the match and surprisingly it has been adding up to a decent bit of cash. Good / automated habits are everything. :)
ReplyDeleteWow, great job on $2k a month on the credit card debt!! I wish that my firm would offer a 401k then I would automate that and forget it.
ReplyDeleteI'll keep my fingers crossed that I am saving enough fast enough.
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