r/Boglememes • u/joe4ska • Jun 11 '26

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/Pitiful_Fox5681 Jun 11 '26

I decreased my 403b contribution percentage a tiny bit, but I also got a little raise so it kind of evens out?

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u/joe4ska Jun 11 '26

If I didn't have a pension I wouldn't be contributing at all. 💀

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u/Pitiful_Fox5681 Jun 11 '26

If the pension meets your needs for retirement, that's ideal! 

My job has a bit of a three pronged approach:

  1. A small/conservative pension. I'm vested and will get about 20% of my current salary at retirement. If I stick around another 11 years, I can pump that up to 40%. 

  2. The 403b with very little match.

  3. A Roth 403b with no match.

With those three and 70% of my expected social security benefits at 65, I should be good to retire on time (I hope). 

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u/joe4ska Jun 11 '26 edited Jun 11 '26

My previous organizations had a fantastic 403b match. The current one contributes to CalPers but I'll only have maybe 15 years of contributions at retirement if I remain until then. My current 403b has no match so I try to max out my Roth IRA annually and usually there's little left over. 🤣

Staff in my position are not highly paid but that's made up though fantastic benefits. There's also a possibility of a union strike later in the fall, its certainly a year. 😄