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re: How does a family do it financially
Posted on 6/5/22 at 6:05 pm to fallguy_1978
Posted on 6/5/22 at 6:05 pm to fallguy_1978
quote:
When you are young and your expenses are high not really. Unless your match sucks. If it's 6% that's probably pretty sufficient for awhile but you'll be able to pay in more as you get older most likely. We were never more broke than being in our late 20s with kids paying daycare etc.
Your expenses have nothing to do with your arguement that you don't need to contribute more than your company match, especially when your income is low because the absolute number being matched is lower.
Posted on 6/5/22 at 6:09 pm to Mingo Was His NameO
quote:
Your expenses have nothing to do with your arguement that you don't need to contribute more than your company match
I'd never contribute more than the company match. Not $1. You are pigeonholed into their investments unnecessarily at that point. I'd put that in a Roth if you qualify for one.
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