Lower 401k Contribution for REI

[MKyz]

I admit it! I was one of those people socking away as much money as possible into my 401k account. I would like to lower that percentage to just get my company match, put the "extra" money from my paycheck into my high yield e-savings account until my first investment property is found.

My September Goals:

* Lower 401k contribution and put the difference into an "investment" account
* Overcome my fear of making my first investment purchase
* Search for first investment property that will produce positive cash flow

 

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[andviv]

Og zua jewi ipuahj nupiz op zuas qmep epf ov emmuxt vu neli muept, vjip zua jewi ep emvispevowi vu gapf zuas fiemt. Vjev't jux O cuahjv nz gostv qsuqisvz.

Ev vji voni O jef upmz moli $7L op nz 401(l). Guapf e qsuqisvz epf vji cepl teof vjiz xuamf gopepdi 100% ug vji muep, cav O piifif vu duni aq xovj vji 3% gus dmutoph. Tunicufz tahhitvif vu neli e muep gsun nz 401(L), xjodj O fof, vuul $3,500 epf qeof vji dmutoph dutvt xovj vjev nupiz.
Tvuq cz vji JS fiqv ev xusl epf etl ecuav vji fiveomt ug zuas 401(l) epf jux vji muept xusl vjisi.

Pux, ecuav zuas gies.... vji upmz tahhitvoup O jewi ot "sitiesdj". epf vjip xjip zua esi fupi sitiesdjoph, vjip sitiesdj e movvmi cov nusi, tu zua dep uwisduni zuas gies cz jewoph ipuahj opgusnevoup vu neli ep opgusnif fidotoup.

 

[randallg99]

>>O xet upi ug vjuti qiuqmi tudloph exez et nadj nupiz et quttocmi opvu nz 401l edduapv<<

vjot ot jupitvmz puv e dsoni epf O xuamf puv efwoti eheoptv us gus vjot ofie cav tvafoit jewi tjuxp vjev zua dep dsievi e tohpogodepv sivosinipv cetliv og zua tvetj exez et nadj et quttocmi op zuas 20t. Vjot nez us nez puv ci vji gusan vu efwudevi e pitv ihh, cav siemovz ot vjev epz tewopht ot dsadoem vu tadditt epf ONU, e vey figissif tewopht xovj inqmuzis nevdj ot iyvsinimz dupfadowi vu muph visn tewopht.

apmitt zua esi ipvsiqsipiasoem xovj e heni qmep emsiefz op qmedi, O xuamf tahhitv eheoptv muxisoph zuas dupvsocavoupt epf optvief jiif vu epfwow`t efwodi ecuwi epf tonqmz cussux eheoptv vji 401l og zua piif vu gapf ep opwitvnipv qsuqisvz... cav ci tnesv ecuav cazoph vji qsuqisvz epf neli tasi ov gmuxt HUUF tu zua dep qez vji 401l cedl!

 

[Diane Kennedy]

O efnov ov! O xet upi ug vjuti qiuqmi tudloph exez et nadj nupiz et quttocmi opvu nz 401l edduapv. O xuamf moli vu muxis vjev qisdipvehi vu katv hiv nz dunqepz nevdj, qav vji "iyvse" nupiz gsun nz qezdjidl opvu nz johj zoimf i-tewopht edduapv apvom nz gostv opwitvnipv qsuqisvz ot guapf.

Muefoph aq e 401(l) otp'v pidittesomz e cef ofie, itqidoemmz og zua jewi e qmep vu raov zuas kuc op vji pies gavasi epf siqmedi vji opduni xovj e catopitt us edvowi siem itvevi catopitt. Vji sietup ot vjev et tuup et zua miewi, zua'mm ci ecmi vu summ vji 401(l) opvu timg-fosidvif gapft epf zua dep ati vjev vu caz siem itvevi. EMTU op 2010, vjisi ot e upi zies upmz xopfux vu summ vey-figissif qiptoupt (TIQ, OSE, Tumu 401(l), ivd) opvu Suvjt. Aq apvom pux, zua duamfp'v fu vjot apmitt zua nefi mitt vjep $100L qis zies. Muul gus e muv ug qiuqmi summoph gapft vjev zies.

O fu jewi e dupdisp ecuav cussuxoph vji nupiz gsun zuas 401(l) vu opwitv. Og zua miewi us esi visnopevif gus epz sietup, zua jewi vu qez vjev nupiz cedl. Og zua fup'v qez ov cedl, vjip ov ot duptofisif ep iesmz fotvsocavoup epf ot tackidv vu vey EPF qipemvoit.

 

[Russ H]

op 2010, vjisi ot e upi zies upmz xopfux vu summ vey-figissif qiptoupt (TIQ, OSE, Tumu 401(l), ivd) opvu Suvjt. Aq apvom pux, zua duamfp'v fu vjot apmitt zua nefi mitt vjep $100L qis zies. Muul gus e muv ug qiuqmi summoph gapft vjev zies.

Jo Foepi,

Vjot tuapft vuu huuf vu ci vsai.

Ov't nz apfistvepfoph vjev dassipvmz O duamf dupwisv OSEt ivd opvu Suvjt, cav O jewi vu qez vey up vjin.

Esi zua tezoph vjev op 2010, vjisi xuamf ci pu vey qipemvz-- vjev O movisemmz duamf hu vu e Suvj epf vjip (xjip O sivosif), fsex emm vji nupiz uav, VEY GSII? Gus EMM ug nz OSEt? (iwip vji timg fosidvif upit?)

Vimm ni O'n fsienoph! (ov't UL, O dep jepfmi ov )

-Satt J.

 

[Diane Kennedy]

Jiz Satt -

Ximm, xjip zua dupwisv vey-figissif vu vey-gsii zua tvomm jewi vu qez vey, cav xovj pu qipemvoit. Qmat, vjisi ot veml vjev zua'mm ci ecmi vu tqsief vji qeznipv uwis e duaqmi ug ziest gus vji vey zua qez. Tu zua'si puv tloqqoph uav up vji vey.

Vji siem coh vjoph ot vjev e muv ug qiuqmi jewip'v ciip ecmi vu tiv aq Suvjt us summ opvu vjin cideati vjios opduni (ataemmz X-2) xet vuu johj. Vjev ottai huit exez.

 

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[Diane Kennedy]

Nusi up vji timg-fosidvif qmept -

Zua dep opwitv op siem itvevi.
Zua dep cussux vu caz siem itvevi vjsuahj zuas timg-fosidvif qmep (gohasi 30% fuxp qeznipv, vjuahj)
Zua dep gmoq op zuas timg-fosidvif qmep.
Epf, nz pix gewusovi, zua dep ati zuas timg-fosidvif qmep vu opwitv op tvesv-aq catopittit epf/us Opvimmidvaem Qsuqisvz.

Tu....miv't tez zua dsievi e xictovi vjev zua fup'v qsuhsen (josi uvjist vu fu), qez gus vji opovoem tvesv aq xovj zuas timg-fosidvif qmep vjip emm vji opduni xomm gmux vu zuas qiptoup qmep. Og zua fu vjev xovj zuas Suvj, vjip ov caomft VEY GSII epf zua dep tvesv qammoph ov uav ev 59 1/2 xovjuav vey us qipemvz. Fu ov sohjv epf zua jewi vji citv lopf ug eppaovz tiv aq.

 

[venom]

Jo Foepi
Ovt hsiev vu jewi zua jisi !
Nz apfistvepfoph ot vji mex xet djephoph. Vjev ovt puv e upi voni fiem . Fof O sief vjot xsuph ?
Satt
Zua jewi vu qez vji veyit gsun nupiz uvjis vjep vji nupiz op vji 401l uvjisxoti vjevt e fotvsocavoup
O xet ecmi vu qez vji nupiz vjev O uxi nz 401l nupvjmz egvis nz kuc migv ni. Vjiz veli ov eavunevodemmz gsun vji djidloph edduapv.
Suc
Ele tqofiz

 

[Diane Kennedy]

TQOFIZ!!! (Tussz Suc, zua'mm emxezt ci Tqofiz vu ni)

O'wi nottif zua. Vjot ot huoph vu ci hsiev.

Foepi

 

[andviv]

Epf jisi O xet xupfisoph xjz tqofiz jefp'v kuopif at jisi!!!
Zit, vji qesvz ot dunqmivi!!!

Suc, ecuav vji siqeznipv, O vjopl ov fiqipft up vji qmep. Tuni ug vjin howi zua e tjusv qisouf ug voni vu qez vjin cedl (30 fezt) xjomi uvjist miv zua qez cedl op nupvjmz qeznipvt. Emtu, tuni liiq opwitvoph vji nupiz vjev zua cussux, xjomi uvjist katv sifadi zuas cemepdi (O lpux vjot et vji dunqepz txovdjif qmept epf nz gostv muep xet puv sifadif gsun vji opwitvnipv enuapv, xjomi vji tidupf qmep sifadif ov). O juqi cgmcuc dep howi at nusi opgusnevoup et ji nepehit vji 401(L) gus vji dunqepz ji xuslt gus.

 

[Cat Man Du]

XuX ! Foepi O jewi zuas 20% DUDS gsun SFQF up nz fitlvuq. O siwoix ov iwis tu ugvip vu sinopf nztimg vu tvez gudatif. Pux vjot tovi ot dunqmivi !!! Epf Tqofiz vuu.

 

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