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08-14-2024, 06:58 PM | #14026 |
The man you could post like.
Join Date: Oct 2010
Casino cash: $449655
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My current contributions are 9% of 40 hours, which is roughly 126 per week. We don't actually have matching contributions, our employer puts in roughly 10% of our gross per week regardless of what you contribute.
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Posts: 40,062
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08-14-2024, 07:03 PM | #14027 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1308491
VARSITY
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Ah, okay. I think that matches (roughly) my edit.
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Active fan of the greatest team in NFL history. |
Posts: 143,237
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08-14-2024, 07:06 PM | #14028 |
The man you could post like.
Join Date: Oct 2010
Casino cash: $449655
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Yeah. Unfortunately that 10% contribution just took effect last year or I'd be way better off.
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Posts: 40,062
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08-14-2024, 08:05 PM | #14029 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $304734
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Posts: 58,245
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2 0 |
08-14-2024, 08:30 PM | #14030 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-78100
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Quote:
Investor's Age Savings Benchmarks 30 0.5x of salary saved today 35 1x to 1.5x salary saved today 40 1.5x to 2.5x salary saved today 45 2.5x to 4x salary saved today 50 3.5x to 6x salary saved today 55 4.5x to 8x salary saved today 60 6x to 11x salary saved today 65 7.5x to 13.5x salary saved today I always recommend people try saving between 10-15% of your income to get these numbers. You obviously have to live too but this becomes easier as you earn more through age, as long as your raises don't turn into lifestyle creep. Every raise you get requires a bump in your contribution of at least 1%. Kudos to you thinking about it at your age. That's how you make sure you aren't working until you die.
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2024 Royals game thread record 3-0 |
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Posts: 46,155
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08-14-2024, 08:37 PM | #14031 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-78100
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Quote:
https://www.nerdwallet.com/calculato...ent-calculator
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2024 Royals game thread record 3-0 |
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Posts: 46,155
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08-14-2024, 08:43 PM | #14032 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-78100
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Quote:
I get a whopping 1% working for a small company.
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2024 Royals game thread record 3-0 |
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Posts: 46,155
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08-14-2024, 09:29 PM | #14033 |
The man you could post like.
Join Date: Oct 2010
Casino cash: $449655
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Yeah, they pretty much had to bump up the contribution to 10% in lieu of giving us pensions to match the legacy employees.
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Posts: 40,062
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08-14-2024, 10:17 PM | #14034 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $304734
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Quote:
Probably still cheaper for them but that’s a damn fine return. Mine is a safe harbor qualified plan which means I have to offer better programs to make sure I’m not abusing my employees so I can contribute to it. My match is 100% of the first 3% 50% of the next 2 so the employee has to contribute 5 to get 4. Yours kicks the shit out of mine. |
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Posts: 58,245
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08-15-2024, 05:08 PM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
Reason: No need to post here anymore
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08-15-2024, 06:48 PM | #14035 | |
Starter
Join Date: Aug 2019
Casino cash: $2407000
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Quote:
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Posts: 559
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08-15-2024, 06:49 PM | #14036 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-78100
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Freeze your kids credit too, they’re the easiest targets.
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2024 Royals game thread record 3-0 |
Posts: 46,155
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08-15-2024, 07:09 PM | #14037 | |
(Sir/Yes Sir/Aye Aye Sir)
Join Date: Oct 2009
Location: Diving
Casino cash: $2125380
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Quote:
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. #Like 45, 47 Is Going To Be AWESOME! #I still don't have COVID |
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Posts: 119,854
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08-15-2024, 07:14 PM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
Reason: My new hobby , deleting posts, screw this place
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08-15-2024, 07:33 PM | #14038 | |
(Sir/Yes Sir/Aye Aye Sir)
Join Date: Oct 2009
Location: Diving
Casino cash: $2125380
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Quote:
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. #Like 45, 47 Is Going To Be AWESOME! #I still don't have COVID |
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Posts: 119,854
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08-19-2024, 06:41 AM | #14039 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-78100
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Looking at longing shares of CELH here.
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2024 Royals game thread record 3-0 |
Posts: 46,155
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08-19-2024, 06:49 AM | #14040 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $304734
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Posts: 58,245
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