I am officially impressed by J. Money.  One of his goals each year is to max out his 401(k) and for varying reasons which he describes, this meant that he had 90% of his last paycheck taken out.  90%!  That seems like crazy talk.  But I'm definitely impressed.  Nice work, J. After much pondering, I recently upped my retirement contributions.  I had been contributing 5%, plus the max to my Roth IRA.  I upped to a whopping 7%.  Clearly, nowhere … [Read more...]