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How do you manage your savings/retirement accounts?

401(k) - 5% with full company match, fully vested - 80% S&P 500 index fund and 20% international fund

no IRA's at this time
savings account - just deposit $XX at random times to keep some emergency cash available, it should be more, our budgeting is improving
 
5% contribution plus 3% from company into 401k made up of primarily 8 and 9 out of 10 risk funds. Also place about $1k a month into an HSBC account.
 
I do 10% into my 401k with a 4% company match - I'm a hands off guy so it goes into a 2040 fund + $4k/yr into a traditional IRA. The wife does 10% into her 401k + $4k/yr into a traditional IRA. We invest another $1k/mo in a 2040 fund in a regular investment account. $400/mo into ING for a "car fund" - Down payment money for the "every 5 years" car. $1k/mo into HSBC for whatever happens in life. Occasionally we will take some extra money and buy $3k-$5k worth of an individual stock.
 
8% from me + (50% up to 7%) company match + 2.5% free company contribution (at 2+years service)=14% total. Company also has a pension plan, but I rely on those about as much as Social Security. I intend to be able to retire on the 403b alone and anything else will be a luxury.

Wife is stay-at-home mommy, so we max out her Roth IRA each year. Can't afford much more on a single income, but what does get saved is in a 5% or better no-risk investment vehicle (CD, Money Market, etc.). I play with about 25k in the stock/options markets too when opportunities present themselves.
 
Originally posted by: KaChow
I do 10% into my 401k with a 4% company match - I'm a hands off guy so it goes into a 2040 fund + $4k/yr into a traditional IRA. The wife does 10% into her 401k + $4k/yr into a traditional IRA. We invest another $1k/mo in a 2040 fund in a regular investment account. $400/mo into ING for a "car fund" - Down payment money for the "every 5 years" car. $1k/mo into HSBC for whatever happens in life. Occasionally we will take some extra money and buy $3k-$5k worth of an individual stock.
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Why Traditional IRA rather than Roth? Assuming you meet income limits, why not leverage your bets with both pretax and posttax? Other than that sounds like a pretty good plan, that I hope I can duplicate when I start working full time, although I'm not sure if that "every 5 years" means more than every 5 years..wouldnt that $400/month (~5K per year, * 5 years = 25-30K after interest - taxes) + residual from your old vehicle be enough to buy the new car with cash rather than financing it? Unless you are buying two cars every 5 years..
 
Originally posted by: Syringer
How much do you normally contribute, and what do you put it in?

/ignorant 23 y/o
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If you can max it out you should do it! It's your retirement. If not, you should do as much as you can. you should definitely do as much as your company match! If they do 6%, you should do 6%.
 
Originally posted by: erub
Originally posted by: KaChow
I do 10% into my 401k with a 4% company match - I'm a hands off guy so it goes into a 2040 fund + $4k/yr into a traditional IRA. The wife does 10% into her 401k + $4k/yr into a traditional IRA. We invest another $1k/mo in a 2040 fund in a regular investment account. $400/mo into ING for a "car fund" - Down payment money for the "every 5 years" car. $1k/mo into HSBC for whatever happens in life. Occasionally we will take some extra money and buy $3k-$5k worth of an individual stock.
Click to expand...

Why Traditional IRA rather than Roth? Assuming you meet income limits, why not leverage your bets with both pretax and posttax? Other than that sounds like a pretty good plan, that I hope I can duplicate when I start working full time, although I'm not sure if that "every 5 years" means more than every 5 years..wouldnt that $400/month (~5K per year, * 5 years = 25-30K after interest - taxes) + residual from your old vehicle be enough to buy the new car with cash rather than financing it? Unless you are buying two cars every 5 years..
Click to expand...

We exceed the income limits, hence the IRA's are traditional non-deductible. We'll take advantage of the new codes allowing Roth rollover in 2010. Otherwise, the $400 car fund hasn't been used yet (we just started it early last year after paying cash for two new cars) and the odds are that 1) we will keep our cars for more than 5 years based on our auto-buying history and 2) we will buy a relatively inexpensive car that the car fund will fully cover.
 
i put 10% into a program that gets a 8.5% match. not 401k or 403b, pension program option.
wife puts 15% into her 401k with 3% match
we both do 4k roth ira's a year
and i put another 5% into a 457b

 
max the employer match
get enough savings for 6 months of living expense (emergency funds)
whatever is left put in the stock market (new to it? then just invest in VFINX)
 
5% with 4% company match.

Breakdown:
RCM TECHNOLOGY 15.0%
AMERICAN EUROPACIFIC GROWTH 35.0%
FIDELITY BALANCED FUND 50.0%

 
My company offers $0.25 for every $1 that I put in; no other restrictions. How does that compare with the rest of you? Is mine a good deal?

For instance, if I max out my 401K at $15,500, they will add $3875 (= $15,500 * 0.25).
 
I contribute 80-90% of my income, and it goes straight to my financial advisor/manager. That is then distributed into several accounts based on a plan we've derived. 30% into qualified accounts (tax-deductible/deferred accounts, namely a SEP IRA), 30% into non-qualified (mutual funds mainly), 20% into real estate/insurance plans/etc., and 20% into readily available cash.
 
I put 6% into 401K, Company matches 3%. For our 401K, we get some ok Fidelity funds.

I have a Roth IRA account with Vanguard (opened it this year) and I plan on maxing it every year.

I'm 25.
 
7% into company 401K with match 5% match (S&P500 index, Fed Growth fund, REIT, Int).

Automatic transfers into my brokerage accounts after paychek direct deposit biweekly. One I use to buy my ETFs for long term holding and the other for active trading.

Monthly transfers to ING to build my liquid reserve (currently holding 4 months of expenses) and metals broker.
 
Originally posted by: shuttleboi
My company offers $0.25 for every $1 that I put in; no other restrictions. How does that compare with the rest of you? Is mine a good deal?

For instance, if I max out my 401K at $15,500, they will add $3875 (= $15,500 * 0.25).
Click to expand...

The best plans will match $1 for $1
 
15% into 401k with 1.5% company match:

20% Fidelity Growth
20% S&P500 Index fund
30% Fidelity Diversified International
30% Fidelity Small Cap

~$4,000 per year ($333.33 per month) into my Roth IRA.
~$4,000 per year ($333.33 per month) into my wife's Roth IRA
various investments similar to those above

$500 per month minimum into Schwab One Brokerage account
Again, various investments similar to those above with exception that a few individual stocks in the mix.

Spare money from OT when available into U.S. Treasury Bills, Emigrant Direct and Schwab One (stocks and mutual funds).

Looking for more....
 
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