Submitted by [deleted] t3_z8x7tp in personalfinance
bulldg4life t1_iydscsx wrote
If I did the math right, you're saving like 11-12% of your salary for retirement ($6000 + 3% to 403b). Does the employer contribute to the pension plan whether you contribute or not? You also don't indicate what your future husband is doing. Are you guys saving enough for retirement?
Also, the second math problem looks like you'll have 20k or so for a house downpayment. Is this downpayment, closing costs, moving, etc? If so, how big of a house do you expect to buy?
Concerned-23 t1_iydsxat wrote
Employer contributes 15% to pension plan and I don’t have to contribute at all. He maxes out his IRA and 401k to employer match (4%). I plan to bump up my 403b contributions to 5% in 2024/2025
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