Search results

It's nice to finally "meet" a group of people who share the ideas I have. As QuikStang said at the very beginning, there are so many people my age who do not even consider retirement. Congrats on starting young QuikStang! I also feel this way, good idea SLC. I'm always playing with numbers...

I think I may have been confused in the first place. Thanks for pointing that out. I will definitely check out that book.

Thanks for your input everyone. I think I'm going to put 5k into a Roth, and put 10k into a CD. The rest will stay in savings for an emergency fund. I believe the cap on what I can withdrawal as a first time home buyer is 10,000. So I will also contribute 5k next year also so I have 10k in...

Is there any kind of cap on how much you can withdraw or any other restrictions? Also, what about repayment? Could I repay the IRA as soon as I had the money to repay all the money taken out?

Jeeze, I thought I was starting young at 21. I've been beat! I'm no stock market guru, but I would think that things will start turning around in the not so distant future, and all of the money you have in now will turn into a nice sum of money down the road. You've got plenty of years till...

I have no choice as to what I put into the plan. The retirement program is a statewide program that I think most PA schools use. Working for the school means I have to contribute 7.5% of my paycheck to the plan, and they match it and put in as much as I contribute. I think the plan is a set...

I could use some advice. I work as a custodian making 40k per year for a school district. I contribute 7.5% of my income to the district's pension plan and the school and state match my contributions together for another 7.5%. I have $22,000 in a savings account at 3% APY. I currently own my...

All these confusing dryer sheets messed me up. I'll re-post my actual question in the "Young Dreamers" thread.

Hey everyone, my name is Matt. I'm 22 years old and already planning for retirement. I've been looking around for good advice where I can find it and I just can't find any solid advice as to what I should do at this point. I'm here for some help, and hopefully to help out some other people...