Quote:
Originally Posted by JJ_BPK
From a FOG,,
Put the 1500 in an IRA and in 20 yrs, you will be happy..
Former Action Guys(FAGs) tend to abuse body parts on a way to frequent bases. It's why many retire in their 40t's..
When you get to be a Freak'n Ole' Geezer (FOG) you will have accumulated enough Paso's to commiserate with your buddies, buy a cold beer(S), and buy toys..
My $00.0002
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This is excellent advice and is not lost on me. It was also hammered into my head for the last 4 years about putting money away now for retirement. In several classes we even spent time doing models to forecast how much we would have after a certain time period, at a certain rate, etc. I am on track to put away $2,000 this year into an IRA. My employer will also contribute 4% of my salary. I would like to contribute more but I am also trying to pay down my loans by $10,000 over the next year before I begin my next bout of school.
The point of all this is, I have tried to been smart with my money (I live on the cheap) and have been able to put aside a little bit just to spend, but I appreciate the help. In light of these suggestions though, I may cut my budget a bit, or take some money away from this fund and wait until I save some more back up.
I still would be interested in more opinions and advice. Thank you to those who contributed so far.