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401K Match Calculator

401K Match Calculator

Last week I wrote WTF is 401k Matching, that talked about, well… 401k matching. In this post, I am putting in the calculator. Just put in your salary, your company’s 401k matching details, and your contribution amount! It will help estimate how much you will have in the future. And you can determine if you are contributing enough for retirement. Download 401k Matching Calculator Here.       

WTF is 401k Matching?

WTF is 401k Matching?

Are you contributing to your 401k? I hope your answer is, “Duh. Of course I am.” But I know a lot of people don’t do this. When I was a public accountant, I audited financial statements of a lot of companies. Our company was full of CPAs and accounting nerds, and we all worked long hours, because it sucked. I remember once being surprised by a discussion with one of my old managers. She was an extremely hard worker, a…

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Why Aren’t You Investing?

Why Aren’t You Investing?

I’ve asked some of my friends, and family for reasons why they aren’t investing their money. These are their responses, and then my responses to their responses. Because it’s too hard and I don’t know enough about the market. There are investment opportunities now where you don’t have to know where to put your money, they do it for you with robo-advisers that automatically update and rebalance your assets as the market changes. Their allocation will be based on your…

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Can I use my 401k as a Down payment Shortcut??

Can I use my 401k as a Down payment Shortcut??

You see your friends starting to buy homes, and you also want to jump on the ownership bandwagon. However you might also be thinking, I don’t have $50K for a downpayment. Gahhhh! And even you don’t have $50K in cash, you do have $50K in my 401K plan. What is a 401K? It is a common retirement savings plan from your employer. It is not usually taxable when you contribute money to it, but it is taxable when you take…

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