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Am I doing a mistake? Going from PwC to Accenture for $45K more (113 Vs 158), and a role that’s better aligned with what I was doing before joining & what I want to be doing? I joined PwC for the experience and the exit opportunity it can provide me in the future, but it’s hard not to accept this role from Accenture! Decision need to be made by end of this week….
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Is this a real question?
It’s your savings, but not an emergency fund. Or a new car fund. Or a home down payment fund. Or a start a new business fund.
401k is a retirement plan - not as liquid as savings
I mean I view them similar - in the concept of "saving"
401k can be liquid in a hot minute as long as you’re okay with taking a tax hit. It’s always money you can access, but the penalties for doing it before retirement age suck
Roth 401k is also more liquid since it’s already post tax (not saying withdrawals are good)
It's a retirement savings account 🤣🤣🤣
I view them as different. 401K and IRA are retirement funds I do not touch. They get maxed out. On top of that, my “savings” is also a specific amount I put aside every month (don’t really have savings account, but rather a brokerage account for investing which I call “savings”)
Hope this helps.
I guess it depends on if you’re investing individual stocks or something more stable. I keep 20k in hysa. I don’t add to it or touch it. The rest goes into investing.
It counts as retirement
Rising Star
Illiquid savings
Heck yes it does