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ROTH Salary Reduction Agreement Fordham  Form

ROTH Salary Reduction Agreement Fordham Form

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as a general guideline what percentage of my income should I save if I'm 42 and way behind in my retirement I went to college at 30 graduated at 34 and became a teacher making just 34 000 a year but I recently quit that job and moved to the private sector I'm 42 and I have about 50 000 in retirement savings thanks to my job change or household income doubled from 98 to 204 and our expenses have not I'm maxing out my 401k and Roth IRA but I know it's not enough do I need to find an extra 5 000 a month 10 000 a month should I be saving the entire extra income the first thing I will say is that it's very good that you're maxing out your 401K and Roth IRA and what is the right number there is no hard number I don't like rules I prefer principles and the principle here is save as much as humanly possible I'm not worried about the people saying that they max out their 401k and ask if they're saving enough I'm wor

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