#53k

22 years old, have 53k in the bank sitting

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22 years old, have 53k in the bank sitting Hey everyone, I have no idea what to do with my money. I’ve accumulated over $50,000 from a variety of sources including my job, saving money from staying home for school, and some other side gigs I did while in college. I now have this money sitting in a bank account gathering dust (I know it’s bad) and would love to flip this around. I’m curre…

Reddit Personal Finance 440 2024-07-09

Will I be eating cat food in retirement? I work in public service and my balance is 53k

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Will I be eating cat food in retirement? I work in public service and my balance is 53k I am 37 and only have 53k in my cash balance 401k at work. I make 46k a year and have a max allowable contribution amount of 4.6 percent of my salary and my employer matches it 156 percent. If I never leave this employer and I retire at 65, with a 2 percent salary increase per year-what can I expect? Every calculator I use is different. We are g…

Reddit Personal Finance 1.2k 2023-11-29

$53k settlement. How can I set myself up for long term success?

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$53k settlement. How can I set myself up for long term success? Hey šŸ‘‹ New to this sub. Looking for some advice! I’m a 26yr old female, looking to create long-term financial stability. Last year I was walking in a crosswalk and was hit by a truck at 30mph. My injury, luckily, was localized to my knee and I was able to recover and regain walking/mobility after about 3 months of treatment. I had an awesome at…

Reddit Personal Finance 128 2023-09-17