ST Alpha - "My father tells me all the time to max out and I'm like "how?!"" (Reading a Post)

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In response to "that's so ridiculous. "401k the max, but save outside that as well." no, I don't need food or shelter. -- nm" by amanda

My father tells me all the time to max out and I'm like "how?!"

Posted by ty97 Jul 9 '12, 06:36

In theory, I think I could pull it off if I started on 1/1 (like, catching up now for 2012? impossible) but I would have no life and would feel constantly strapped. I'd be able to feed and shelter myself, pay my necessary bills, and that's it really. And that's not living. Nothing says I even live to withdraw form my 401K so I'm not going to give up every vestige of life on the hope that it's worth it later.

Responses:

My work retirement is a set contribution that I have no choice in. Above that, I max out my Roth IRA. - nubby Jul 9, 06:38 2
- Assuming I live to the statistical age for my generation, I'm certainly concerned about how much I'm saving. - ty97 Jul 9, 06:42
- i would like to save more, but really, it's not that easy. i am maxed out on what work will match. -- nm - Andie Jul 9, 06:41

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My father tells me all the time to max out and I'm like "how?!"

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