All Grown Up

Today I opened a Roth IRA with ING Direct. I can't believe I now have retirement savings. This is a big big step for me. I will be opening a 401(k) with my new company when they implement the program.

I won't be contributing to it very heavily right now, as I'm still working on paying off debt, but once I fully fund my emergency fund I'll be contributing a lot more to that and saving for a house.

Still no news on what my paycheck will be like, so I haven't worked on my new budget yet.

I'm going to be moving out of our loft soon, though, to try and find somewhere more economical.

Big step for me. Big, huge, grown up step.

Retirement Planning Opinions Needed

I’m 25 and have no retirement savings. I am working diligently on paying off my debt and should have everything interest bearing taken care of by September. I’ve started a job with a new company and they don’t currently offer a 401(k) plan, but are anticipating starting one in 6 months. I’d really like to start working on retirement savings and I’m wondering if I should start a private 401(k), or a Roth IRA, or wait for my company to start their program, or some kind of combination. I would love to know what you recommend and if you also have any companies that you recommend I pursue these accounts with.

I'm hoping that I can get this taken care of by the end of February. 

In other news, the new job is keeping me very busy, but it's going pretty well so far!