Been watching this subreddit for awhile, finally decided to register and ask for guidance.
I'm 41, and hoping I can somehow make a good life for myself after decades of bad decisions. Here is a little background, when in my 20's I spent most of my time going out and having fun. Wasn't career focused, spent my time at manual labor positions, not saving, and didn't think about retirement. Got married too young, had a son, and divorced. Continued to be immature and party until my early 30's. Credit score - 574. Decided I should grow up and be a man and focus on being a father. I started to take night classes for the IT field. Worked some entry level IT jobs to get experience and work my way up. Still, no retirement or savings and not making much of a wage.
Fast forward to today, I'm 41. Credit score hovering around the high 690's - low 700's. Have been in the IT field for 7 years now. I make a good salary for my area, $70,000+. I do pay child support, but that'll be done in 4 years. I finally started a 401k, have been bumping up my contribution, and it is now at 10%. Still, I only have about $15,000 in it. I don't have any other retirement accounts, I know next to nothing about that stuff. I just blindly throw money at it, but can't help but feel I am so far behind in the game of life, like, what's the point at this age.
Recently, I took a part-time job, just to pay off credit card debt. I don't have much, under 5 grand. Just want to be debt free, maybe put extra in retirement, or savings... I don't know.
Anyone have any advise, is it possible for someone like me, who has been a fuck up for a majority of my life, to possibly rebound and enjoy a retirement? I feel like all I do right now is bust my ass every single day to be the best I can be, but it is too late. Feel like I'll be 70 and still be working multiple jobs dreaming of retirement.
Thanks in advance for any guidance I can get.
Submitted October 02, 2018 at 12:04PM by on_bent_knee https://ift.tt/2DLOK7w
