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401(k)....w00t!

Discussion in 'Members' Lounge' started by Bob Vila, Sep 19, 2003.

  1. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    CHeck out my YTD return :)

    Sorry about the size of the pic...

    [​IMG]


    EDIT: Who else contributes to their 401(k)?
     
  2. CRX-YEM

    CRX-YEM Super Moderator Moderator VIP

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    that's a killer gain.
    here's a history of mine

    Jul 15 02 - Sept 30 02 - -11.91%
    Oct 1 02 - Dec 31 02 - +3.80%
    Jan 1 03 - Mar 30 03 - -1.59%
    April 1 03 - June 30 03 - +9.49%

    So overall I'm down -0.21% a quite balance account.
    plus I have a SEP IRA that's doing quite well.

    I think I'm gonna change my holding to be a little bit more agressive.
     
  3. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    HOw much are you contributing?

    I am currently at 6% with the company matching half that at 3%
     
  4. CRX-YEM

    CRX-YEM Super Moderator Moderator VIP

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    since I get paid once a month and the amount changes a little from month to month I contribute a fixed $125 a month and my company matches that 100%, so my 401(k) is getting $250 deposited monthly

    I forget what the actual company contribution matches are
     
  5. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    thats a good deal :)

    I can contribute up to 30% of my pay with the company matching up to 16% of that amount. Once I get another raise Ill be dumping another 1 or 2 percent *depending on how much a raise will be* I plan to have at lease a MILLION in there by the time I Retire, plus I have a fully paid pension as well, which not to many companies still offer. Hopefully abbie and i will be all set when we get into our prime!
     
  6. phunky.buddha

    phunky.buddha Admin with a big stick Admin VIP

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    Nice. My ROR was only like 11%, but that was looking at numbers back in January.
     
  7. CRX-YEM

    CRX-YEM Super Moderator Moderator VIP

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    my estimated network of my 401(k) at age 67 will be $1Mil+ and my wife has a 401(k) that will be worth about $700K when she's 67 giving us about a $90K a year to live off. and then I also am fully vested in my company which has a pension plan as well. so I'll be living pretty well later in life.
     
  8. TurboMirage

    TurboMirage YEEAAAHHH VIP

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  9. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    How did you figure that out? Is there a financial calculator that I could use to be able to do some quick math?
     
  10. CRX-YEM

    CRX-YEM Super Moderator Moderator VIP

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    yeah thru the company that runs our 401(k) stuff they have a calculator avaliable on their site, but it's not avaliable to the public, only after I log in
     
  11. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    I tried searching for one where mine is located but nothing :( Oh well...


    So we have three poeple on hodnaswap that contribute to 401(k)...go us.
     
  12. pissedoffsol

    pissedoffsol RETIRED

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    brians 401(k)

    bend over spell run
    not offered
    sure you can give us money, and we won't match it
     
  13. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    You shouldlook into a roth IRA y0
     
  14. pissedoffsol

    pissedoffsol RETIRED

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    i should look into gettin gout of hondas and having money to invest in the first place
     
  15. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    That is probably the smartest things you've evAr said :)

    Future > honda's
     
  16. phunky.buddha

    phunky.buddha Admin with a big stick Admin VIP

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    :werd:
     
  17. Jeef

    Jeef NO MA'AM Moderator VIP

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    I don't contribute on my own, I know I should. My company puts 6% of my earnings into a 401k. Say if I made 100k a year I would get 6k put into the 401k, and it doesnt come out of my pay. The only thing is I will probably lose it, I do not plan on staying with my company for another 4 years to be vested. I have a good feeling that I won't live past 65, going on family history, so I haven't been too serious about investing.
     
  18. dohcvtec_accord

    dohcvtec_accord WRX Sellout

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    Damn y0, nice return number. I forget what mine is, it's not good. It's not a 401(k), it's an IRA. I contribute $30 a month, with my company matching that.
     
  19. Slo86GT

    Slo86GT Super Moderator

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    My company matches the first 5%, then gives 75% on the next 5% and 50% on the rest.

    I need to get signed up for 401(k) this year, dammit. Apparently I'm not going anywhere. ;)
     
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