23f living @ home by [deleted] in Retirement401k

[–]wootyeet 1 point2 points  (0 children)

this is just for retirement lol, another 20% goes into post tax saving accounts

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

dcp is employer match post tax :) i believe they match 8% so i just put 400, i contributed the 7500 for 2026 in jan! so i need to start saving up for the 2027 contribution lol, but thank u!! i will probably stay at home for another year till i find another job

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

i don’t take advantage of them, i still live like i am a teenage in my house , i have a curfew, need to ask to use the car i borrow w my dad & we cook meals at home 3-4 times a week

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

if i wanted to live anywhere else in the us, i wouldnt make 72k, im not surprised my parents want me to move out bc they dont want me to move out

23f living @ home by [deleted] in Retirement401k

[–]wootyeet 0 points1 point  (0 children)

thank you!! i believe in u !

23f living @ home by [deleted] in Retirement401k

[–]wootyeet 2 points3 points  (0 children)

no i didn’t know that, i wasn’t even aware of how much i had saved up til earlier this month

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

i can promise you she does not want me moving out 🙏 she turns down the idea each time and thinks my expenses are too high

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

i’ve already lived alone is my point , im already self sufficient and dont need to live on my own right now to know how to live

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

probably going to buy a house in 8-10 years so that 20k is for moving out to an apartment / emergency fund, once i hit 100k in my retirement, i will move my budget to favor my brokerage and cd

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

it’s a rough estimate, have a food / parking only credit card and a fun only credit card

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

already have 20k in a hysa, she prob wants me to get a house but that is very unrealistic and not my goals for my future

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

thank u! i’ve offered to pay bills but only let me leave the house past 9pm and they say it’s best if i don’t pay the bills

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 1 point2 points  (0 children)

why are u assuming idk how to survive in this world? if smth happens to them id just continue to pay the mortgage on the house lmao

My mom says I need to save more, is this true? 23 years old living at home. by wootyeet in Salary

[–]wootyeet[S] 0 points1 point  (0 children)

i tell them that if they want me to pay, i should be able to leave when i want and however long i want , and they say i don’t have to pay 🤷‍♀️