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re: How much money should I be saving from my monthly income?
Posted on 3/25/17 at 10:27 am to Lsut81
Posted on 3/25/17 at 10:27 am to Lsut81
I'm contributing 10% of my salary to 401k not. I can reduce to 8% and still get max company match. Should I do that, and put the rest into my roth? Right now, i'm not contributing to my roth.
ETA: My roth is through Vanguard. My company also offers an IRA and Roth option for retirement, in addition to the 401K. Which should I be contributing to?
ETA: My roth is through Vanguard. My company also offers an IRA and Roth option for retirement, in addition to the 401K. Which should I be contributing to?
This post was edited on 3/25/17 at 10:30 am
1
Posted on 3/25/17 at 9:25 pm to BACONisMEATcandy
Read Dave Ramsey's book "The Total Money Make Over". Best 10 bucks you'll spend. Especially for starters.
Posted on 3/26/17 at 7:39 am to elleshoo9
quote:
Should I do that, and put the rest into my roth? Right now, i'm not contributing to my roth.
Yes, take all the free money you can from your employer and max sure you max your roth with the rest... That is tax free earnings.
My roth is through Vanguard and I've never had a single issue with them.
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