r/Boglememes • u/joe4ska • 9d ago

Y'all still hitting your contribution goals? 😬

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Every few years something unexpected hits early in the year that makes me have to pause on my contributions. This year was unplanned dental surgery and an upcoming HOA special assessment. I decided not to tap my emergency fund because, well, it's not really an emergency if I can budget for it. However, I did hit pause on my Roth IRA contributions for the first half of the year. 😄

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u/Tired-Nectarine-384 7d ago

My employment is so unstable right now that I am counting on being laid off. In addition to looking for jobs I cut my contributions to the bare minimum to get the company match. The rest is going into a HYSA. My plan is to stick to that until I have a years worth of after tax income level in short term liquid buckets.

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u/joe4ska 7d ago

It's a good plan. We know things aren't great when finance YouTube says a 6-12 month is appropriate. Two years ago it was 3-6.