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March was a great month for my net worth! It increased 9.96%. I have to be honest. The majority of that increase was due to some very generous family members who like to share their wealth among the 20-somethings in our family. I am so thankful for their support. That money goes straight into savings, of [...] While reading some articles about the economy, one sentence caught my eye. It wasn’t that big of a deal, even, just a financial planner commenting that one of the people profiled in the article should probably have put away more money for retirement. Which, of course, brought me to my retirement plans. Right now, I contribute 5% [...] I was talking to my 87-year-old grandfather about the economy the other day. He’s got one of those great stories - fought in WWII, came home, married his sweetheart, started working at a local company, never quit. He still works there half-days, just to give him something to do. He and my grandmother have always lived fairly frugally. [...] Well, I did it. I set up my automatic contributions to my Roth IRA for 2009. I set it to max out the contribution by using monthly investments. I’ve been putting it off because the market has been so tough to watch. It’s hard to look at how much my investment has lost and still [...] I got my annual TSP (Thrift Savings Plan – like a 401(k) for government employees) statement in the mail this week. Ouch. My funds are not performing well. My account went down over 40% in 2008. But there was some good news as well. The statement also highlights my lifetime pre-tax contributions. Thanks to agency matching, I’m [...] |
 
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