Not sure how much money you can - or should - be saving for retirement this year? I got ya covered! Today we are going to go over the updated 2025 figures for IRA and 401k contributions, and how to effectively plan your savings for the new year.

**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**

TIMESTAMPS:
00:00 Intro
00:48 Updated 401k contribution limits
6:18 Updated IRA contribution limits
9:57 Catch-up contribution limits
11:42 Map out your savings for the year

Intro to 401k’s: https://youtu.be/1DZK-GU9434?si=8rzEIVVSNntZM7nJ
To Roth, Or Not To Roth: https://youtu.be/3LHNxKDcVOE?si=VoY1n3oIkE1Aova6

Backdoor Roth IRA Contribution How-To: https://youtu.be/8YQ3HuMHbmU?si=pAn-wtZq0tbS9lAi

How Much Do You Need For Retirement: https://youtu.be/WKooH0JVKjY?si=yxnXpPhXYVt4uCE8

Set A Budget You Will Actually Stick To: https://youtu.be/lRKCLA6jwYI?si=odDglI0fW6O8i9Cz

CONNECT WITH ME:
YouTube: https://www.youtube.com/@richgirlsguidewithkirby

Instagram: https://www.instagram.com/richgirlsguidepodcast/
Spotify: https://open.spotify.com/show/6suGRkd9m1kjNNiRvbLhT7

Want YOUR money question to be answered in an upcoming episode? Submit an anonymous question here: https://richgirlsguidepodcast.com/contact

MY EXACT YOUTUBE SETUP (Amazon affiliate links):
Canon EOS R6 Camera: https://amzn.to/4cgzSdd
SD Memory Card: https://amzn.to/3VYJrrA
Shure SM7B Microphone: https://amzn.to/3xoIJuk
Teleprompter: https://amzn.to/4cI4iVD
Rodecaster Pro: https://amzn.to/3VGAAcA
Manfrotto Camera Tripod: https://amzn.to/3W1Secm
Cloudlifter: https://amzn.to/3L0Ntt1
Microphone Stand: https://amzn.to/3VGI6V0
Mic Cable: https://amzn.to/4bkKOW0
Amaran 100D LED Light: https://amzn.to/3W0Bl1t
Aputure Lantern Light: https://amzn.to/3RHp7bK
Softbox lighting kits: https://amzn.to/45MGygS
Amazon Fire Tablet: https://amzn.to/3L0lxp4
⅛ to ¼ Stereo Cable:https://amzn.to/4bCHYff

ARTICLES MENTIONED:
IRS 401k 2025 limit increase: https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000

Roth IRA income limit increase 2025: https://www.nerdwallet.com/article/investing/roth-ira-contribution-limits

Future Value Calculator: https://www.calculator.net/future-value-calculator.html

Enhanced Catch Up Contribution: https://www.kiplinger.com/taxes/super-catch-up-contribution-for-age-60-63

MY TOP FAVORITE BOOKS ABOUT HABITS & $$$ (Amazon affiliate links)
The Power of Habit: https://amzn.to/3xxkytF
Atomic Habits: https://amzn.to/4bh5Ncc
The Opposite of Spoiled: https://amzn.to/3xDz2rP
You Are A Badass At Making Money: https://amzn.to/4bkKuqg

credit card, creditcards, financial advice podcast, how to budget your money, credit card debt, credit score, women in finance, credit utilization, audit, investing, how to invest, mutual funds, etfs, stock, stocks, personal finance, financial management, financial planning, financial education, financial diet, finance stock market, finance 101, finance for women, financial news, personal investing, money challenge, debt free, payoff debt, clark howard, dave ramsey, caleb hammer, bigger pockets, debt free journey, financial feminist, inflation, net worth, credit, financial audit, retirement, retirement planning, financial freedom, 401k, portfolio, allocation, excel, financial calculator, financial tips, personal finance tips, financial literacy, money, money tips, money management, personal development.

New 401k and IRA Contribution Changes: MAXIMIZE Your 2025 Retirement Savings! | Ep 51