[unccrombie]

Originally Posted by Tiduwho

I'm a big fan of the Roth IRA, especially if you are under 30. My company recently added a Roth 401k to the traditional 401k in the past year, which is pretty nice because you can mix them at whatever % you like. The company match will always be traditional though.

I'm mostly in a debt reduction stage these days. Trying to payoff all my CC debt and my Sallie Mae loan (smallest of my student loans) by year end. If I didn't incur $7,000 in medical expenses in 6 months, my CC debt would have already been gone. (my insurance really sucks balls)


For anyone that has happenstance medical problems seemingly every year: Get a Health Savings Account if you can. The tax advantages are great.

i've been contributing since 23 (now 26) at 8-10% a year with a company flat rate of 10%. it's been a great scenario especially since our funds have averaged 8.5% RoR over that time, but our company is gradually dropping down to a 6% match over the next 2 years. I also just switched over from a traditional 401k account to a roth account for work. Plan to use that going forward.

all my "extra money" just sits in my checking though. need to seriously look in putting half of it somewhere