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19 and addicted pt. 2
Old 04-15-2014, 03:31 PM   #1
Confused about dryer sheets
Join Date: Mar 2014
Posts: 6
19 and addicted pt. 2

Hey Guys, I introduced myself originally in the young peoples thread. ( hence pt 2)

Anyways, I am 19 soon to be 20. When I was 18, I opened a Roth IRA that now has 8500 in it. I have also put away over 15,000 in taxable accounts. I am also currently going to college, and I work part time during the year and full time during summer. I am soon to open a individual Roth 401k, as under tax law I am considered a sole proprietor since I sell or "donate" my blood platelets weekly. This will allow me to put about 2000 into it every year that I donate blood. I really like the idea of retiring when I am about 50. I don't want to retire sooner than that because I am afraid that I would run out of things to. I know I have a long way before then and I don't know what the future will bring. I just know that if the world doesn't collapse or we blow ourselves up, I should have a comfy retirement. Members who commented on the other thread were worried that I had no life and to enjoy it more. I do manage to get out and do many things that I enjoy, go to a few parties, etc. I also have a few hobbies ( fishing, kayaking, boating, gardening etc.) It is wonderful to find a place with other like minded folks.

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Old 04-15-2014, 06:32 PM   #2
Dryer sheet aficionado
Join Date: Mar 2013
Posts: 25
welcome back. You are so far ahead of your peers in terms of savings and habits that it should pay off big-time later on!

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Old 04-20-2014, 09:02 PM   #3
Thinks s/he gets paid by the post
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Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 2,183
Just having a goal puts you on the path for success. Most your age need assistance from parents or similar to live. Second the suggestion to enjoy life some more while young

Keep up the good work!
The advice we're giving you is invaluable, that's why it's free
Experience is a good teacher, but the tuition can get expensive real fast

Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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Old 04-21-2014, 07:50 AM   #4
Full time employment: Posting here.
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Join Date: May 2010
Posts: 994
Welcome and well done!

I predict FI success down the road sooner rather than later since you have your eye on the ball so early in the game.
Wherever you go, there you are.
(In other words, no whining!)
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