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re: Where should I start putting extra money every month?

Posted on 2/26/17 at 3:35 pm to
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40909 posts
Posted on 2/26/17 at 3:35 pm to
Sounds like you are not maxing your 401k.

That seems like the obvious choice. As the tax savings alone will be better than your other options. Guessing your employer is giving you similar target date fund options?
This post was edited on 2/26/17 at 3:38 pm
Posted by WG_Dawg
Hoover
Member since Jun 2004
86604 posts
Posted on 2/26/17 at 3:45 pm to
quote:

Sounds like you are not maxing your 401k.

That seems like the obvious choice. As the tax savings alone will be better than your other options. Guessing your employer is giving you similar target date fund options?


I don't know what any of this means. I'm contributing the max to my employer fund that they will give a percentage max.
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