35 and going backwards

[35nothing]

Debt of 17k. Saving+Asset around 8k. My problem is not money problem, I just dont do anything. Cannot focus on anything for more then few mins. Luck or whatever I dont know, its all been good so far. Always got good decent paying jobs(25-30 per hour) so never really needed money for bigger things. Now slowly when you start aging, you realize its not going to be easier going forward.


The biggest problem is I am intelligent enough to know its a big problem, but do nothing to tackle it.

I joined this forum not to retire soon, but to start working and start a career.

 

[njhowie]

Well, the job market is extremely good right now - look for opportunities to earn more. Maybe a higher paying job, or a part-time mindless second job.

 

[RobbieB]

Get some help for your ADD.

 

[UnrealizedPotential]

It sounds like you may benefit from counseling of some kind. It could change your life.

 

[rodi]

Welcome to the forum.

I agree that you should consider either mental health, or medical health assistance. It might improve your quality of life. I'm not saying to go on meds... I'm saying talk to a doctor or therapist about what might help with your inattentiveness.

Since you make a decent income.. does your employer offer any retirement plans like a 401k? If so, start payroll deduction savings into it. Even if they don't - do you have auto deposit... you can have some of your pay deposited in a savings or brokerage account automatically - this will automate your savings so you won't need to pay attention to it.

 

[35nothing]

No 401k yet from my employer . I just opened a Roth IRA and a 529 college account.. Just opened. No plans on how to fund them yet.

Are we allowed to open a 401K privately?? Also I am not an American citizen.

Thanks for the replies everyone.

 

[pb4uski]

An deductible IRA is a form of private 401k... amounts saved for retirement are not taxed.

 

[ab620]

Is your "but" bigger than your "why"?

What is your goal?

My goal is to retire at 55 or younger and sail around the world. I think of this every time I want to purchase something.

Also you need to get on a budget. Tell your money where to go and stick to it. You will feel like you got a raise.

To get started you should set a goal, do a budget, and then do everything you can to reach this goal. Then set a larger one.