I ran across this quote today when I was eating lunch at Jimmy John’s hanging on their wall. I had never heard this quote before, but I don’t know that there is another quote that so accurately sums up the concept of saving for retirement.
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May 2007
Monthly Archive
Wed 9 May 2007
A great personal financial quote from Jimmy John’s
Posted by MFJ under General , Quotes , Retirement Planning[5] Comments
Wed 2 May 2007
Another pretty good month for my retirement nest egg. The stock market sure has been on a good tear for a long time now, which honestly kind of stinks. While it’s nice to see your accounts going up every month, I certainly wouldn’t mind being able to buy stuff on the cheap at my age if we went through a couple years of downturn. One thing to note is for the last two months I have missed my Roth IRA contributions. This is due partly because I decided to splurge and pay off my HELOC. I’m hoping this month I’ll be able to squeeze some money into my Roth IRA accounts, but if not either way I plan on still maxing them both out by the end of the year (this is the first year I didn’t max both accounts out on Jan 1 – again due to me wanting to eliminate my HELOC first). Anyway here are the numbers.