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:
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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

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

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