I told you this picture would be back! As you know, I focus on writing about happiness on this blog. In general, I try to focus on three big ideas: financial security/frugality, health, and personal relationships. As you can probably guess from the title, this post is about the first of these. You might recall that I recently wrote an article about how I think it is a good idea to max out a Roth IRA before you turn 30. I also wrote an article back in August where I said that I wanted to max out my IRA by tax day this year (just fyi, the maximum annual contribution is $5500 right now). Well I put the final $500 into my IRA this month, officially maxing it out for the 2013 tax year.
I’m pretty pumped up about this. When I was about 22-23 I told myself that I would have an IRA started by 25. That didn’t happen. I ended up opening one late in 2012 when I was 27. I didn’t put that much into it that year, but I made it a serious goal to contribute the full $5500 in 2013. Here’s the breakdown of how much I contributed each month: