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This for sure! I never understood the power of a 401k being a tax shelter and the power of employer matching. Do as much as you can, even if it’s 50$ a paycheck. It’s best of you can put in as much as the employer will match.
Save at least $30,000 for retirement within ten years of your first adult job.
If you can, put 15% of your check into your retirement every single check, at minimum.
That will set you up for retirement, especially if you’re entering the work force in your late teens or early twenties.
This for sure! I never understood the power of a 401k being a tax shelter and the power of employer matching. Do as much as you can, even if it’s 50$ a paycheck. It’s best of you can put in as much as the employer will match.