If your company is not matching or doesn’t match 401K should you still contribute there or look into other retirement options? What options do you suggest? My current company doesn’t match.

like
Posting as :
works at
You are currently posting as works at

Open a Roth IRA and always contribute. You are allowed to contribute up to 6k a year for that. This is just a personal decision but I would still add to the 401k, diversifying for retirement is the way to go

Agree with SAD1 - diversify is key. I’ve always contributed to my 401K even if no matching, however, when I’ve left an agency I’ll flip it to an IRA for more control.

Related Posts

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

like

Okay guys give me a list of things to lower my taxable income. Make yearly with wife 200k.

like

Working on a divorce where the father is claiming that he is unemployed because of the previous administration’s actions with DACA (he was brought to the States as a child). I know that the memo rescinding DACA was ultimately vacated—but OC is unsure whether this would count as voluntary unemployment for child support purposes. I believe it does as the application period to renew DACA benefits was reopened in 2020. Thoughts?

like

Hardest part of navigating maternity leave and WLB as a junior partner?

like

26 y/o and a total investment newbie.

I have $100k from an annuity invested with Schwab and managed by a brokerage firm. My parents set me all up with this when I got access to the funds at age 21. So I’m not sure of the complete breakdown other than the fact that it’s diversified according to my tolerance for risk

Now, I also have $25k liquid cash I’d like to do something with. Should I just add it to the existing portfolio, or create a separate, self-managed account?

like

Want to sell Pharma at a loss (just increasing) and buy ICLN but it’s at 52-weeks high 🤔?
Any insight on the situation..

like

Folks who trade more than a couple of times a day, do you have to have your crypto in the exchange during the non-trading times ? I am debating if it’s safe to keep in the exchange or is there a better way perhaps moving from cold storage to exchange every time ? I know the transaction fee is a killer . Thoughts ?

like

Recent graduate with Bachelors of Health Science in Workplace Health and Wellness. Currently working in a Healthcare job but as a client service coordinator. Really would like to get a job in my field. If anyone has suggestions/recommendations please share. Within GTA would be great if not, remote anywhere works.

I am a traditional reservist so I never really used military benefits before, but could use advice here.

I am currently renting and my lease is not up until October 2021, however I found a good deal on a home and scheduled to close in June 2021.

My landlord will not work with me to end the lease early, so it looks like I will have to double up on rent and mortgage through the summer.

If I went on active duty orders, can I use those orders to break my lease early without penalty?

like
like

Investing newbie here trying to invest my hsa. Debating if I should do 100% on something like viix for simplicity or if I should diversify? If diversifying, what’s a recommended approach? Perhaps 2-4 funds? Many thanks for the help.

like

Have you ever taken a job you know you will hate because you needed the money right away? I have a family to take care of. I don't want to be plowing through our savings for selfish reasons like my mindframe at work, but I don't want to make our lives worse by being miserable. It's a matter of really ruining some of our financial future if we don't get money soon.

like

How do we get TSA Pre through AFS?

like

What will be my in hand ?
I have home loan of 41 lakhs and EMI is 31K.
PPF :4k monthly
Mutual Fund (ELSS) : 2.5K monthly
Not having any HRA claim.
Please help me to calculate my take home salary based on above parameters.
Tata Consultancy Larsen & Toubro Infotech Accenture Capgemini Cognizant

Post Photo
likeupliftinghelpful

Feel like I’m going to turn out to be a loser doing ID and be making crap money forever.

like

I'm new to all this. Is it best to save 10% of my salary all in my company's 401k (with 20% match, increasing by 5% every year)... or saving 5% in 401k and 5% in a Roth IRA?

like

Just got a little tipsy and impulse-bought a $2,000 82” tv. Hope it’s worth it.

like

Is this the official Amex Fishbowl?

Looking for an investment advisor who is 1) a fiduciary 2) has a CFA/CFP/CPA or some combination thereof. No exceptions. DC/Baltimore area.
TIA.

like

Any real estate experts in the house? Thinking of making a move to Miami from Jacksonville. Jacksonville real estate is still pretty inflated and hasn’t really come down much. Is real estate in Miami following the same pattern? Or is it expected to deflate with high interest rates?

like

More Posts

What are your tips for publicly responding to negative reviews?

like

What broad computer-based assessments does your school use? We used STAR testing, but we switched to iReady. I can't stand iReady. It's such a long test, which means kids rush. Any alternatives?

Today I messed up doing a delivery. The client was expecting the supplies at 3pm in the warehouse, however, there was an accident on the highway and traffic was insane. It slipped my mind to let them know about the delay. Now, they believe it was me being irresponsible and are threatening to fire me for not reporting on time and possible losing them a client. What can I do to fix the situation?

like

Acceptance is the answer.

Post Photo
like

I’m a law school student and am about to graduate next year. I’m hoping to get an internship in the local court, to be part of them and hopefully to assist some of the lawyers and judges, not just see them on “Better Call Saul”!

like

What is average package for Full Stack Developer. ?

like

Hello, I am new to canada and looking for a data scientists job, referrals would be much appreciated. Any advice for new comers? Thanks!

like

Is there anyway to reduce notice period?

Per offer letter 60 days is mentioned as NP, can I get this reduced to a week?

like

I feel like all of my friends who work in tech are very open about their starting salaries and the increases each year. I am going to work in public accounting and I feel like when I look up how much I will make after being promoted or early promoted it’s very cryptic. Can anyone tell me the standard salary % increase in PA after your first, second, third promotion?

like

How much time bny takes to provide laptop post date of joining? As onboarding is virtual.

like

Hello everyone..... is any PE company hiring only remote?
Thanks for the info...

likefunny

Twice now I have been ghosted by hiring managers after my initial HR screen. It’s really got me feeling like shit.

like

Just got staffed on a project in London. Any major differences from American business fashion I should be aware of?

like

Does SuitSupply do discounts if you buy 3 or 4 suits in one go?

What’s one accessory you have that you can’t live without?

like

Hi A&M fishes. For PEPI whats the median or a good guess for base salary and annual bonus for a Senior Director. Do they get any equity too? Looking for realistic numbers, trying to make a decision.

like

New to startup ecosystem. What are some resources, books, podcasts that help you along the way? Are there any communities you interact with regularly on Reddit/discord/meetup?

like

From reading a number of books and listening to a number of podcasts about starting a business, one underlying factor they all share is to have deep passion for what you do. How do you know what your passion is? I mean I think a lot about golf but i don’t think that’s a passion. It’s my hobby. I think most people just know.

like

Hi fishes,
My LWD is 18th July and I chose vendor pickup for my assets(expected pickup is 10th July).
Is there any limitation or chances of facing issues on Not having laptop with me(for other exit clearances).
Also it would be great if someone can give guidance on exit clearances as I'm worried that I will miss out something.
TIA.

like

Is TOGAF worth it? Been coding for 13 years and want to stick to coding / design work. Is it worth taking the test now?

Additional Posts in Advice, please!

I’m really interested in Account Planning, which my company doesn’t have. What do I need to know to break into that role? Is it typically a (semi) stable position?

I HATE my job. I've been looking aggressively for 6 months and haven't found anything. I am in the running for a job I think I'd like, but the money is not nearly what I make now. Thoughts?

like

Tips for writing a bio to sound credible without saying things like, “award winning art director”? I’m judging an award show, just need something short.

funny

I’ve recently been interested in the idea of moving from Canada(Toronto) to the US(California) with McCann. I am wondering if this is common & if anyone else has made move before with tips?

Is Word or PDF format resume more compatible with ATS? P.S. I have invisible tables underline my resume. Please advise. THANKS!!

like

when is it appropriate to have a framed Tom of Finland drawing prominently displayed in the office?

#Question - What is a good rate for a HALF-DAY shoot as a freelance photographer/AD for a mid-level agency with big clients? I’d be taking the photos! Editorial/usage rights for digital and social.

My current title has shifted between Junior Art Producer, Art Producer, and Art Buyer pretty arbitrarily. Since I’m the only “producer” at my agency I handle projects ranging from photo to video to...

Went for an interview to meet the whole team at a possible new job. Met with five different people, but have not heard back in 3 days. Are they collecting the feedback...or am I being ghosted?

Is Art Director’s Club (ADC) worth submitting work into for their awards show? I know its not on the scale of Cannes or D&AD.

How do you choose between two awesome career opportunities?

I’m stuck at a transitional point in my career where I can’t figure out a direction that I feel excited about. Does anyone have resources, books, career coaches, etc. that may help me find clarity?

like

Any tips on meeting an AD for a copywriter who didn't take the traditional portfolio school route?

like

I’ve asked about my so called promotion and I just keep getting more into the future dates. Also company is trying to make their # so cutting down on costs. At this point I gave up on asking...is it

What's a skill that everyone should know how to do?

like

I'm having trouble getting promoted. Many people tell me my designs are more senior level, I now throw my phone in my desk, and I'm more punctual but I'm not really sure how to wow them.

5 years of experience, Digital Media Supervisor is the next title for me Associate Media Director?

Looking to leave my job and start my own boutique agency out of my garage - literally. My 2 roommates cover copy and art, and I’m a strategist. We’re a group of 1st years at Brandcenter and are a little worried we won’t be taken seriously. Any tips?

like

I think I’m going to go from a big brand name agency to a small lesser known shop to be a part of running a dept. it’s a big step up. Is it a career killer to go to a smaller lesser known shop?

like

My direct report is fresh out of college. Tons of talent but is showing to be pretty cocky. They are overconfident about their place in the ecosystem of the office, ask inappropriate questions, CONTD

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal