Hello, everyone, and welcome back to the early retirement podcast. Today, we're going to be talking,

considering there's only a few days left until it is 2023 about what you need to make sure you

check off of your list. And I wanted to put this podcast out a little bit sooner because I know

this is really getting down to the time crunch here, but I had a few other things I wanted

to make sure I got out. So once again, apologies on that,

but I hope this still gives you time to review to make sure that at a very minimum, you're

able to take care of these things. Once again, I'm your host, Ari Taoblieb, and I love what I get

to do. I get to help people retire early. If this show has been helpful at all, I kindly ask

that you rate and review it. And if you haven't

checked out the YouTube channel already, I've been asking strangers about money, about how do you

feel about retirement? What helped you retire? What are some of the best strategies that you

would tell other people who have retired? So what about people who want to retire? All of those

are the questions that I've been asking. So make sure to check that out on YouTube. In addition to that, once again, I kindly ask, I love that podcast or free, if this has been helpful once again, I love what I get to do. I want to know as many people as possible who got to retire early, and I love getting to help people do that. So please share this with a friend or family member, It's more fun to retire with them. Let's hop right into the list, which is number one,

did you max out your retirement contributions? Not saying you need to, but did you at least consider

or did you max them out? In 2022, you can put away 20,500. Now, please know in 2020, this is going to be 22,500, in your 401k or employer-sponsored plan,

and you can put in an extra 6,500 in catch-up contributions if you are at least 50 years old.

So that means you could put in $27,000.

That's going to increase next year. So you can put in an

extra $7,500, not $6,500, but $7,500. That's going to be the catch-up contribution for next year.

If you don't have a workplace plan, that's totally fine. You may still be able to put away up to $6,500

into a traditional IRA or a Roth IRA. Make sure you are

below, of course, those income limits for Roth IRAs, but that's what you need to think about.

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