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Top 3 Money To-Dos in Your 20s

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A couple of weeks ago, I wrote about the financial plan for my 40s. It was good to get my plan written down, but we also have many readers in their 20s and 30s. That plan probably wasn’t very useful for them, so I thought I’d write 2 more articles to share my experience and [...]

3 Simple Steps to Save 50% of Your Income

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Recently, Ernie Zelinsky (How to Retire Happy, Wild, and Free) left us a great comment. I didn’t start saving for my retirement until I was 40 years old. I actually semi-retired at that time too, even though my net worth was minus $30,000 (due to student loans). Yet I will be okay in retirement, in fact, [...]

Why Save So Much in Our Retirement Accounts?

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This is the follow up to the previous blog post – How to save $50,000 per year in your tax advantaged accounts. Is it really a good idea to save so much in our retirement accounts? Should we cut back a bit and invest more in our after-tax account? One downside of saving over $50k/year [...]

How to Save $50,000 Per Year in Your Tax Advantaged Accounts

{ 29 comments } How to save $50,000 per year in your 401k Roth IRA 529

One of our goals this year is to save and invest at least $50,000 in our various tax advantaged accounts. 2014 is just about over and I’m happy to report that we hit this one out of the park. We saved $56,800 in our tax advantaged accounts this year! Here are the details. Mrs. RB40 [...]