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Opened a Roth IRA account!

January 18th, 2012 at 04:19 pm

After reading a post about retirement contributions, I decided that I wanted to change my debt repayment schedule. In order to maximize my newly opened Roth IRA account, I will still pay my credit card minimums but max my 2011 contributions of 5k.

I will make this another 2012 savings goal as well. I've always known that I wanted to contribute more to my retirement but wasn't sure how or when to do so. I'm confident I will still meet my goal of paying off my debt by next June and contributing to my retirement and other savings goals.

4 Responses to “Opened a Roth IRA account!”

  1. scrappytappy Says:

    Update: transferred $1k to Roth!

  2. creditcardfree Says:

    Congrats on getting the account open and funded! You won't regret it.

  3. DeniseNTexas Says:

    Congrats on that! I've been considering opening a Roth myself. I suppose it isn't too late to do it. I'm almost 50 and think I have quite a few working years left.

  4. patientsaver Says:

    That's great to hear!

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