Monday, January 31, 2011

I will max out my Roth

This is the year I will max out my Roth IRA. I have been saying that I would max it out since I was like 20 but I have never done it. Alas, this will be the year! I have already set up payments of $208.00 to come out every two weeks, and during the month of January I didn't even feel it.

February is a new month and I'm ready to conquer it. By December 31, 2011 I will have $5000 in my Roth IRA account.

Are you maxing out your Roth IRA account this year?

3 comments:

Broke by Choice said...

Way to go! So many of my friends say they are going to max out their IRA, but they don't. The reason is they don't set up installments. They want to make a lump sum contribution.

I will not be maxing out this year. I don't even have a Roth IRA. My Roth days are near, but won't start until I have paid off all debt and established a 3-6 month emergency fund.

good luck to you!

Frugalista said...

That's great. I would contribute more myself if I could afford it. Sounds like you are having a great year so far. Good for you!

Chitown said...

I don't have a Roth either but one day. I will be cheering you along!!!

Go YBP!!!