Monday, March 15, 2010

Yeah for my part time job 401k

I haven't been keeping up with the markets recently but today for some reason I decided to check and see what the balance of my part time job 401k was.

As I logged onto the account I was surprised to see this figure:

$5505.67

woozers!!! I have been working at the part time job almost 5 years ( in September it will be 5 years) and this is the balance of my retirement account. I have often changed my contribution rate but have always contributed. Most of last year, even with the markets down I was contributing between 10 and 15 percent.

This year with paying for the wedding and trying to get out of debt I have kept the contribution rate at a measly 6%.

I had thought about quitting the part time job after the wedding but am thinking that I may have to stay until the end of september.

Why?

A note posted on my retirement account states " The 2009 Retirement Savings Plan Company match will be posted to accounts in September 2010."

There is no way that I am turning away that free money.


until next time, think prosperous thoughts

YBP





2 comments:

Chitown said...

Congrats! My 401k has bounced back a bit as well. I am impressed that you contribute such a nice percentage to your retirement savings. It goes to show that you have your bright future in mind. Keep up the good work.

fallingintofavor said...

LOL @ "there is no way that I am turning away that free money." And I second that! I'm so excited about your wedding! To hear the details!!