I did it! I contributed the full $5,000 limit to my Roth IRA for 2008. I didn't think I would be able to pull it off after the disaster of my layoff, but I managed to scrimp and save and it all worked out. A priority for this year is to again max out my IRA for '09 - after this the limit will be increased by $500/year according to inflation, which is excellent.
I now have more assets, specifically retirement assets, than I've ever had before!
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- The Impecunious Investor
- Boston, MA, United States
- Male; 28. On the road to financial independence. Welcome to my personal finance blog!
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2 comments:
Oh, good for you! It's nice that you are still able to pay off despite the layoff. You are one smart saver. :)
$5000 is really a lot of money, don't know how you pulled it off. Never even earned that much money.
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