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Topic subjectPutting about 15% into 401K depending on bonus amounts
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=12768951&mesg_id=12769639
12769639, Putting about 15% into 401K depending on bonus amounts
Posted by Oak27, Wed Apr-01-15 02:57 PM
My company matches 50% up to 6% so I put 6% of each paycheck and they contribute 3%. Then, I put 100% of quarterly bonuses. If bonuses are what they are expected to be (give or take a few bucks), about 15% of my income is contributed from my end, plus another 3% contribution from my company.

Just opened a Roth IRA, deposited both the max contribution for 2014 and 2015 (11K total).

Last week I hit $100K net worth (graduated from college at about -$35K in August 2010) and am hoping to get that to $200K in about 2.5-3 years.

I still feel like I have too much cash on hand, so I need to figure out some other investment ideas or at least move a large chunk of it to a higher interest savings account.

I feel good about everything though. My only other goals is to make sure the woman I settle down with has the same dedication towards the future as I do, rather than being a money suck.