We have the option for traditional 401k or Roth... I am in the traditional. Should I stay put, transfer all funds, or split between the 2? I am 31 years old and am currently putting away the maximum company match amount for where I work (combined 7.5%).

So I haven’t made any changes to my retirement planning (yet), however I did go through a review with my life insurance agent, setup a Short Term Debt (STD) payoff plan (2-ish years), and refinanced my mortgage (dropped 6 years and kept payments relatively the same).

Fully agree. This tool (while not perfect) was actually quite useful, as If I dont change my investment savings at all from the minimal I am doing (7.5% after company match), I can retire by 76. Considering I am 31, the fact that I may eventually be able to retire is comforting.

In that range, I would only grab 20% of that ($100k) and invest the rest. A $400k mortgage, on 20 year with good credit, escrow, and taxes would run you just over $3k per month. If that is doable, then you are golden. If not, 30 year would be somewhere in the $2,500-ish range.

Wow... Soo my single family home we had built with everything we wanted is around $210k. I agree with Sue, unless you are in a high dollar market, that seems insane. I am not the one to give advice on someone who is about to buy a million dollar home...

You are much better off than most, I will say that. I am 31 years old and have roughly $65k in my 401k account. The past 4 years, I have been focused more on putting short term debt behind me (car, school, Line of Credit, etc.) before I start hitting my retirement savings harder. My logic is a have a guaranteed loss…

Seriously? You know what they meant. Grammar czars need to cool it. Was it grammatically correct? Of course not. Was it worth being snarky? Not exactly.

That could work, but they frown upon any day other than Friday. I can flex anytime I want so it isn’t a huge deal

I was falling into the bundling deal when we downgraded our cable. The over-the-phone customer “service” rep told me there was no way to do what I wanted without cost increases. I had to return the box to the local store, or pay a fee for pickup.

My company offers a 4x10 schedule, however Fridays are my busiest day at work and I would end up working anyway. As it is now, I can flex hours as needed. I worked from home monday and got about 6 hours in, and will make up the rest throughout the week.

Honestly, i have been lucky and have earmarked funds for different emergencies. Car fund, HSA fund, etc. My biggest fear is income loss. I am on a path to pay off all my Short Term Debts (STDs) in ~12-15 months (wifes will then go within 24). That is all contingent upon stable employment.

Tagging onto what others have already written:

I use PNC bank as my primary, and I utilize their budgeting/accounting tab to track our spendings on all items (necessities and splurges alike). The only major bills that dont route through PNC are the car loan/insurance/maintenance, which I have coming out of a credit union account. That CU account also includes a…

Nice advice, and is definitely something to strive for however with our snowball plan in place for our Short-Term Debts (STD’s...), I am going for speed of debt reduction over savings. First of all, I keep my credit card at $0 every month (or at least I am able to pay it off quickly). Not going into more debt is…

Most of these are good advice, but the Income rule is an interesting one for me. I would modify it to state that you need to have saved 20 times the income you expect to earn for retirement. Say you want to live on $40k per year in retirement. If you assume 5% interest on investments multiply your $40k x 20 times and…

But Alexa can read your books for you! Out loud! Reducing your risk of paper cuts and actually enjoying your book.

But Alexa can read your books for you! Out loud! Reducing your risk of paper cuts and actually enjoying your book.

Earmarked funds for different expenses really help us to ensure we have the money for the things we need. I try to always keep a minimum of $1k in my readily accessible debit account, but have earmarked funds for taxes, car loan/maintenance, vacation money market, and short term savings for earmarked purchases (date…

I got my Lasik surgery last August and I am fully happy with it. All in, mine was a bit more expensive ($4,600 total), however my doctor had full admitting privileges, has personally done nearly 40,000 procedures and has performed the surgery on a number of professional athletes in Cleveland (i know, not really much…

It is a 3rd person perspective game. More action oriented. It is tough for me to find a class of god that I enjoy. I get reckted by Kali (Indian goddess with 4 arms), so I use in-game currency to buy her and I am horrible with her. I try Ra (magic, egyptian sun god) and he is decent, but I consistently get owned by…

I will definitely check that feed out. Thanks!