20K Face Lift

Want a $20,000 Face lift for your Ugliest Wrinkle? When you increase your deposits to your retirement account at work–give yourself a goal–a face lift for that unsightly wrinkle. How do you get that? Increase your automatic deposits to your retirement account at work until you  contribute the Maximum Legally Allowed. That will build your Hot Flash Stash of Cash quickly over the years. Watch that money mount up!

How much is the Maximum allowed in a 401(k)? In 2011 it is $16,500 per year. So if you can afford it, that is  $317.30 a week in 2011. In 2012, the Maximum  it will be $17,000 per year. That is  $326.93 per week.

And if you want to do some more “work” on your  “wrinkles?”  Increase your contributions  by the “Catch Up” amount.  That’s the extra sum (over and above the Maximum) that you are allowed to contribute if your are 50 or  older. In both 2011 and 2012, the Catch Up contribution is an additional $5,500 per year.

If you can do it, go for the Hot Flash Financial Face Lift– deposit the Maximum. Once you  deposit the Maximum you will really start to build up a nice, juicy Hot Flash Stash of Cash. Over 5, 10 or 20 years you will really see the results. And you will be closer to your goal of financial security.