Checked in on my retirement account
By NJ Chicaa
@NJChicaa (120054)
United States
February 6, 2021 10:22am CST
I honestly haven't checked on it in 2 years. My ex would look at it at least once a month but I haven't looked at it at all because it is what it is. The professionals manage the funds. I don't do anything but contribute money from each paycheck.
Anyway I was paying some bills and I decided to see what the account is worth now. I was pleasantly surprised to see that it is up $20,000. It still isn't all that much but I'll take it. It will help to supplement my pension and Social Security when I retire.
8 people like this
7 responses
@FourWalls (68885)
• United States
6 Feb 21
I’ll check my so-so security later this year when I get ready to file for it. My Postal Service retirement is based on what I made at the post office, so there’s nothing to “add” to it or “check.” Also, that automatically kicks in next year, so no endless paperwork to file for that.
From what I’ve seen $20,000 will get you a couple of weeks’ worth of groceries in New Jersey, so you’re doing well.
2 people like this
@FourWalls (68885)
• United States
6 Feb 21
@NJChicaa — oh, wow! That’ll buy my house if you’re looking to retire in Kentucky.
1 person likes this
@NJChicaa (120054)
• United States
6 Feb 21
@FourWalls Houses here start at $200K
1 person likes this
@quickinstinct (432)
• United States
12 Feb 21
definitely good to set and forget these accounts for a pleasant surprise.
@LindaOHio (181246)
• United States
6 Feb 21
You're well on your way to a comfortable retirement. I'm assuming you will have a pension from your teaching job as well?
1 person likes this
@peachpurple (13961)
• Malaysia
6 Feb 21
wow, that is a lot of money for retirement. I hope that you cold spare some change for a cup of tea....