NICE how do you have such a large % in IRAs? Is that mostly rollovers?
A couple of reasons...and no, DW only has one very small rollover (like $2k).
I started college in 2002, but I worked in HS and ended up saving about $1500 that sat in a savings account (I know, dumb). My parents knew enough about investing and IRAs to encourage me to start one at age 18.
So, I had an IRA with $1500 in it before I even started college that year.
I had income in college and ended up filling my IRA every year from 2002-2005. I was stupid and a spendthrift in 06 and 07, so I had virtually no contributions those years. In hindsight, those were good years to be a saver and not a spender because I resumed saving in...wait for it...
2008. I resumed contributing the max then and haven't missed a beat. I've already filled the IRA for DW and I this year, meaning I should have at least 54,500 in contributions throughout my working career. The rest is earnings.
I didn't get really aggressive with the 401k until a couple of years ago because I don't have a match. The 401k will slowly overtake the IRAs and the taxable should grow a little bit, but it is hard to compete with 2 IRAs and 1 401k, along with that much of a head start for the tax-sheltered accounts.
Does that make sense or does it still seem weird?