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re: Retirement Contributions. Do you agree with this chart?
Posted on 6/26/18 at 9:16 am to LSU6262
Posted on 6/26/18 at 9:16 am to LSU6262
the only thing I tend to agree with "for sure" is putting 15% pre-tax equivalent of your gross income from the day you get your first real job. How you divide the 15% up between traditional and roth is different for each individual.
Other than that, I don't think there is a good rule that can work as a generality. Everyone's situation is different.
Other than that, I don't think there is a good rule that can work as a generality. Everyone's situation is different.
1
Posted on 6/26/18 at 10:20 am to notsince98
quote:
the only thing I tend to agree with "for sure" is putting 15% pre-tax equivalent of your gross income from the day you get your first real job
This is pretty unrealistic for most young people, especially living in an urban area.
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