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-   -   how much do you put in your retire fund each month? (https://gfy.com/showthread.php?t=202965)

GoLiaT 11-29-2003 05:25 PM

how much do you put in your retire fund each month?
 
i put 250$ each month

sumphatpimp 11-29-2003 05:34 PM

and good for you GoLiaT

I worked in the corporate world for years (27+) and one day the company was sold and I and a lot of others were out on our asses.

if it wasn't for what I had saved in a 401k and a pension from the previous owners of the company I would have been in deep shit.

but with all this saved I told them go fuck yourself and I retired!
GFY :321GFY

you can never save too much, or be too prepaired.

saved my ass !

inthestars 11-29-2003 05:37 PM

I put $100 but plan to start putting in more.

zentz 11-29-2003 05:37 PM

i earn 250$ per month

GoLiaT 11-29-2003 05:39 PM

Quote:

Originally posted by sumphatpimp
and good for you GoLiaT

I worked in the corporate world for years (27+) and one day the company was sold and I and a lot of others were out on our asses.

if it wasn't for what I had saved in a 401k and a pension from the previous owners of the company I would have been in deep shit.

but with all this saved I told them go fuck yourself and I retired!
GFY :321GFY

you can never save too much, or be too prepaired.

saved my ass !

sorry to hear that
but nice you had some money saved
thats why i am happy our government pays out the pensions here
sounds a bit risky having a company as guarantee for the funds..

Brad-Wishing 11-29-2003 05:40 PM

Retire fund? I used to put in $100... but that was 2 years ago. Now I can eat and pay rent and have some entertainment. No retire fund now.

sumphatpimp 11-29-2003 05:41 PM

yeah. this was an american company that sold to a Swedish company and then threw us American out and moved to Europe. Indian and Japan

GoLiaT 11-29-2003 05:43 PM

Quote:

Originally posted by Brad-Wishing
Retire fund? I used to put in $100... but that was 2 years ago. Now I can eat and pay rent and have some entertainment. No retire fund now.
ya know the earlier you save...
try to put away 40-50 bucks a month
because WAM BAM and you are 60 with no savings. :)

ChumpChange 11-29-2003 05:45 PM

12% of gross so it varies from month to month

Brad-Wishing 11-29-2003 05:47 PM

Quote:

Originally posted by GoLiaT


ya know the earlier you save...
try to put away 40-50 bucks a month
because WAM BAM and you are 60 with no savings. :)

I've got a good 5 years left before I NEED to start putting into an rrsp. I'm still young. :)

Ross 11-29-2003 05:48 PM

Nothing.

I do have an account where I put money in and just leave it. Dunno how much I have in it tho. Must check that out.

nap 11-29-2003 05:51 PM

i'm 22. whats a good age to start?

RBC 11-29-2003 05:53 PM

im not going to retire... no retire fund for me... :2 cents:

GoLiaT 11-29-2003 05:53 PM

Quote:

Originally posted by nap
i'm 22. whats a good age to start?
start tomorrow..
the sooner the better :)

BlackCrayon 11-29-2003 07:17 PM

Quote:

Originally posted by nap
i'm 22. whats a good age to start?
i started when i was 20. 100 bucks a month. its not much but it adds up. im only 25 now so the older i get the more i plan to put in monthly.

quiet 11-29-2003 07:18 PM

100K+/month

nap 11-29-2003 07:19 PM

Quote:

Originally posted by quiet
100K+/month

how old are you if you don't mind me asking?

Head 11-29-2003 07:20 PM

I put $100-400 a month. I would like to put much more cause i want to retire STINKIN RICH!!!

bigdaddy187 11-29-2003 07:21 PM

I put $2000 a month away in a retirement account.

PornHero 11-29-2003 07:24 PM

10% of everything I earn I save... I deposit my checks at the teller then the first thing I do when I get home is calculate 10% and buy mutual funds online at my bank's site. It adds up quick :thumbsup

bigdaddy187 11-29-2003 07:25 PM

Quote:

Originally posted by nap
i'm 22. whats a good age to start?

Start asap. I started when I was 20 and now I am 27. I didn't have much then but it adds up. And as long as things keep going for me I will be ok when retirement comes around.


At 22 you can afford to be aggressive with your money. Be aggressive now and turn conservative at a later age.

Head 11-29-2003 07:25 PM

Start now! The sooner you start the sooner you retire.
Also remember: the best time to plant an oak tree was 20 years ago the second best time is now.

WiredGuy 11-29-2003 07:26 PM

Quote:

Originally posted by quiet
100K+/month
And he's single :Graucho

bigdaddy187 11-29-2003 07:26 PM

Quote:

Originally posted by PornHero
10% of everything I earn I save... I deposit my checks at the teller then the first thing I do when I get home is calculate 10% and buy mutual funds online at my bank's site. It adds up quick :thumbsup

Very smart! It's hard to do that if you leave the money in their awhile. The sooner the better.

wyldblyss 11-29-2003 07:28 PM

I put away every cent that isn't eaten up by the basics such as mortgage, utilities and food.

Currently that leaves zero dollars for my retirement LOL. I really need a 4th job or I will end up being a 75 year old with no job opportunites except for prostitution. Hrm, I wonder how much the elderly get for their services.

Ic3m4nZ 11-29-2003 07:39 PM

5 millions yearly

theking 11-29-2003 07:55 PM

Well...I am retired...but appoximately 97-98% of my monthly income goes into mutual funds.

Slick 11-29-2003 07:56 PM

I try to put away $100-$400 per month. I have a "Roth IRA" setup at Edward Jones. I just started doing it a couple of months ago, I'm up to like $1200 so far. I'm gonna start putting more in there, but there's a few other financial matters that I need to put some money on first, once that's done, I hope to put a lot more into it.


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