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Hi, happy to be here. Saving like a mad man
Old 02-06-2019, 10:45 AM   #1
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Hi, happy to be here. Saving like a mad man

Hey all,

Very happy to come across this forum. I've been saving my max IRA and 401(k) limits basically since graduating college. I finally repaid all of my $60,000 of student loans. Now to crush after-tax savings. I'm looking to buy my first income property this year. I'm 30.
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Old 02-06-2019, 10:56 AM   #2
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Welcome and congratulations on paying off your student loans!!
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Old 02-06-2019, 11:17 AM   #3
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Welcome! Great progress - report on your income property when you reach that next step on your FIRE journey
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Old 02-06-2019, 11:27 AM   #4
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Sounds like you are leagues ahead of most people your age, congrats, and welcome.
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Old 02-06-2019, 01:50 PM   #5
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Originally Posted by famousbrownbear View Post
Hey all,

Very happy to come across this forum. I've been saving my max IRA and 401(k) limits basically since graduating college. I finally repaid all of my $60,000 of student loans. Now to crush after-tax savings. I'm looking to buy my first income property this year. I'm 30.
Congrats! Well-done at your age! After the 401(k), try to fill up the ROTH IRA bucket first...keep killing it!

I didn't start seriously saving until I was 33, so you have a good head-start on me (and I didn't start out saving the max allowed for 401(k). You could easily retire by 45, I'm guessing!
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Old 02-09-2019, 09:37 PM   #6
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Welcome. Looks like you are doing a great job. Just remember to live well while you get there.
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Old 02-10-2019, 05:40 AM   #7
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Congrats! Well-done at your age! After the 401(k), try to fill up the ROTH IRA bucket first...keep killing it!

I didn't start seriously saving until I was 33, so you have a good head-start on me (and I didn't start out saving the max allowed for 401(k). You could easily retire by 45, I'm guessing!
+1. I bought my first house at 30 and was 35 before I got the ball rolling on meaningful savings.
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