Today, I changed my TSP (401(k) equivalent) to max it out for 2014! Last year, I maxed out my 2012 and 2013 Roth IRAs, but I only contributed about $8,000 to my TSP. This year, I have monthly automatic contributions already set up to max out my IRA and I just changed TSP to max it out also. The TSP contributions are now about 40% of my gross pay (I make about $40,000 a year). However, I also have about $2,000 a month of non-taxable income from veteran's benefits, so I've calculated that I'll have enough to live on, max out my 2014 IRA, and start my first taxable account. I anticipate a total savings rate of about 46% of net income for the year. I'm looking forward to watching my retirement accounts really grow this year! :-D