Thursday, November 12, 2015

401k Maxed Out

With my paycheck tomorrow, my 401k will be officially maxed out for the year.  It's been a little hard at times to have $18,000 withdrawn from my checks throughout the year but I don't regret it for one minute.  Going into this year, it wasn't my plan to max it out but as we got out of debt, I decided to go for it.

In the future, I do plan to continue maxing out my 401k.  I upped my contributions for next year to 17% to start with.  I will likely have to tinker with them throughout the year to try to max it out while putting at least 5% of every check to get mg employer's match.

This is definitely a goal for next year too!!!


  1. Wow well done!! You have worked very hard to make this happen. Congratulations.

  2. Awesome! We've maxed out our Roth IRAs but haven't come close to doing a 401(k). Good for you!

  3. Contributing at least to the company match is a no-brainer and maxing out is stellar...congrats!
    Your old retired self will thank you one day. ;-)