I’m currently contributing 6% to my 401k and 3% to a Roth 401k. I’m 25 - should I be contributing more or is this okay? I live in nyc

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Go all in. Your old self will thank you

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Do you get a match? Is that maxing out your 401k ($18.5k)?

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Max out 401K whatever be the percentage.

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ROTH 401k is not subject to income restrictions like ROTH IRA is. Up those %'s and you'll thank yourself down road

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Yeah I get a match up to 6%. I currently don’t max out my 401k but maxing it out will not leave much spare money especially in NYC.

If I increase should I increase the regular or Roth 401k?

^ 👍🏻

I would increase the Roth since there is a limit to that and you might only have a few more years before you are above max income for a Roth. At that point you can do a backdoor, but might be good to max Roth now while you can

Great, thanks!

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