Comments on: Financial Decisions In Your 20s http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 11 Feb 2012 20:32:19 +0000 hourly 1 http://wordpress.org/?v= By: Amanda http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/comment-page-1/#comment-5298 Amanda Tue, 23 May 2006 15:56:50 +0000 http://allthingsfinancialblog.com/?p=754#comment-5298 This is great! Anything to promote starting your retirement savings immediately is a good thing. Once twenty-somethings realize what a difference it makes in the long run, they will be much more likely to begin contributions early. This is great! Anything to promote starting your retirement savings immediately is a good thing. Once twenty-somethings realize what a difference it makes in the long run, they will be much more likely to begin contributions early.

]]> By: Travis http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/comment-page-1/#comment-5280 Travis Mon, 22 May 2006 19:44:48 +0000 http://allthingsfinancialblog.com/?p=754#comment-5280 Wow, that is an eye-opening calculator. As a 22-year old who just graduated from college this past weekend and begin my job in a few months, I surely will begin saving right away. Thanks for the link and the calculator. Wow, that is an eye-opening calculator. As a 22-year old who just graduated from college this past weekend and begin my job in a few months, I surely will begin saving right away. Thanks for the link and the calculator.

]]> By: Money Under 30 » Blog Archive » Some Motivation to Get in Financial Shape http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/comment-page-1/#comment-5279 Money Under 30 » Blog Archive » Some Motivation to Get in Financial Shape Mon, 22 May 2006 19:28:57 +0000 http://allthingsfinancialblog.com/?p=754#comment-5279 [...] Thanks to AllFinancialMatters for pointing out this story from MSN Money featuring some average personal finance statistics of people in their 20s. For example, our median net worth is $7,901, but for nearly 25% of us, that figure is negative. We owe more than we own! These numbers are exactly why I created this site! Immediately upon graduation I fell into the trap of living like an adult even though I was earning like a graduate… A few years later and I am really in the hole. But as the MSN story points out, I am young enough to recover from my mistakes. With some planning and hard work I will be out of debt and have a healthy 401(k) before I turn 30. Obviously this site is all about how we can all do the same, but in a nutshell there are three rules that will be repeated here over and over again! [...] [...] Thanks to AllFinancialMatters for pointing out this story from MSN Money featuring some average personal finance statistics of people in their 20s. For example, our median net worth is $7,901, but for nearly 25% of us, that figure is negative. We owe more than we own! These numbers are exactly why I created this site! Immediately upon graduation I fell into the trap of living like an adult even though I was earning like a graduate… A few years later and I am really in the hole. But as the MSN story points out, I am young enough to recover from my mistakes. With some planning and hard work I will be out of debt and have a healthy 401(k) before I turn 30. Obviously this site is all about how we can all do the same, but in a nutshell there are three rules that will be repeated here over and over again! [...]

]]> By: JLP http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/comment-page-1/#comment-5278 JLP Mon, 22 May 2006 19:17:25 +0000 http://allthingsfinancialblog.com/?p=754#comment-5278 Yep, I don't know what I was thinking. It should be fixed now. Yep, I don’t know what I was thinking. It should be fixed now.

]]> By: Rob Lewis http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/comment-page-1/#comment-5277 Rob Lewis Mon, 22 May 2006 19:10:08 +0000 http://allthingsfinancialblog.com/?p=754#comment-5277 Yep, there's a problem, but it's a great idea for a calculator nonetheless! Yep, there’s a problem, but it’s a great idea for a calculator nonetheless!

]]> By: savvy saver http://allfinancialmatters.com/2006/05/22/financial-decisions-in-your-20s/comment-page-1/#comment-5262 savvy saver Mon, 22 May 2006 17:57:28 +0000 http://allthingsfinancialblog.com/?p=754#comment-5262 I think there is a problem with "Expected amount at retirement age AFTER inflation" values... they match for both scenarios even when the value above them doesn't match. Other than that, I really like the calculator! I think there is a problem with “Expected amount at retirement age AFTER inflation” values… they match for both scenarios even when the value above them doesn’t match.

Other than that, I really like the calculator!

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