Just thought I'd share a success story with you all.I joined a company 2.5 years ago and was able to start 401k contributions after 6 mo. So as of today I have been contributing and earning for exactly 2 years. I am not a 6 figure earner but I invest the full 17% my company allows every year. Since I have 20+ years to go to retirement I am a bit of a risk taker. I have chosen only small cap and mid cap funds for my 401k investments. Luckily my company matches the first 6%, and I did get a bonus earlier this year that helped to the tune of a couple thousand. Here is what you can do too....As of today, after 2 years I have over $40,000 saved !!!! Amazing that I could save and grow my money that much in only 2 years. I estimate that I contributed a little more than half of this.My suggestions to all, suck it up and live on the cheap until you can max out your 401K. Then as you start earning more $, you can increase your lifestyle. It feels good knowing I am making progress.Now to find some cash for a Roth IRA....
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