Tuesday, September 13, 2011

with a 50000 a year annual salary, how much should I ... - Roth Ira

I make around 50G a year, I have a $260 car payment, insurance and about $800 in rent a month. Those are my only bills since I?ve paid off my college.

My question is what is a good percentage to save?

I have 4 accounts a Roth IRA, Checking, Savings and an open stock trading account I play with for fun.

My main investment is to save up a downpayment for a house. (around $10,000 down)

For all those that are good with money, how should I split my earning into these said accounts?
I?m only 28 years old. So I have awhile. I?d love to have a 401K but unfortunately I work for a small company that doesn?t offer it.

Source: http://rothira.solve-up.com/roth-ira/with-a-50000-a-year-annual-salary-how-much-should-i-contribute-to-my-roth-ira/

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