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re: Do you max your annual 401k contribution?
Posted on 8/31/21 at 1:21 pm to Paul Allen
Posted on 8/31/21 at 1:21 pm to Paul Allen
quote:
No you didn’t. Do you think a boatload of mid to late 20’s employees are putting away retirement money? Sure, maybe some, but the lion share is probably paying back student loans and other debt.
I was 27 before I ever put a dime into it and didn't start taking my contribution percentages seriously until last year. I kick myself every day for it.
1
Posted on 8/31/21 at 1:28 pm to VADawg
My wife was real serious about her 401k compared to me in her 20s and our relative balances show that. She almost has double my balance, with hers as Roth and mine as traditional. Both start maxing about age 31/30 - mine still traditional and hers Roth.
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