I work part time at a library and was able to get the Smart Couples Finish Rich and Start Late Finish Rich books. I thought they were both easy reads and very informative. After reading them I decided to take a look at my retirement funds. At the library, we have PERS which is Public Employees Retirement System which takes the place of Social Security. They take out 8.5% per pay period. I knew roughly what I had in there until I got the statement awhile ago. It was nice. I have been there 8 years, I am 29 years old and have over 10,000 in there already. Pretty nice start. I work full time at a church and I found out that they pay up to 5% of our gross WITHOUT us contributing whatsoever!!! They say, “Here’s 5% of your gross. Thank you.” Well, needless to say I have matched their contribution and it a little over a year I now have $900.05 in my 403b account. Oh yeah, all I have contributed was $78 so far.
Thank you for your books, web site and everything. Hopefully one day I will see you on a beach, retired!!