Every few months, I will do something that makes me pause, because I really feel like an adult when it happens.
Signing up for life insurance. Breaking up with your current car insurance agent. Filling out your tax return. Creating a “in case of death” file and putting your affairs in order. Now we can add saving for retirement to that adult-list.
I’m not entirely sure why it’s taken me almost five years of employment at my current job to suck it up and start a 403B retirement account (same thing as a 401K but for non-profit employers), but it is finally the time to do it. Looking back, I probably should have done this when the economy was a bit better and there was a matching program in place, but oh well!
I guess I can look at the bright side – I didn’t lose anything in the recession, right?
Since we’re opening up an account with this particular company, we can also look at other investment vehicles that are probably a good idea to start now. We have a long way to go before retirement (try at least another 27 years!) but it’s nice to know that our little nest egg is set up all official-like. I’m looking forward to watching it grow!
Do you have a retirement plan set up?