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Rajma is bae 😍

Aldi at Digitas? 👀
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Taking BEC tomorrow... any suggestions/ advice?
Has anybody had comp discussion yet?
Who is going to Discover in December?
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If they don’t employer match I would max out an IRA and then contribute at minimum the amount required to get the full match once they do. Also...are you an accountant??
If you can afford it, you should contribute as much as possible to retirement as early as possible... something about compounding interest, I think I missed that day in school
Another thing to think about is if you are a staff 1 just starting out and you put as much as you possibly can towards retirement the. You won’t really feel the hit because you never had a real income stream. Then going forward you will never have to worry about your contribution percentage. This what I did and within two years got to max my 401k out without too much heartache
Say companies never matched contributions would you never save for retirement?
You should max out both the 401k and Roth IRA if you can afford it. I only contributed 6% for first 1.5 years and wondered why my 401k was only like 12g at the end of my second year. Boosted to 22% and it has more than tripled in past 2 years
Just DO it. Don’t want, don’t procrastinate. JUST DOOOO IIITTT. I always made excuses to delay my contributions and I am now catching up in my late 30s. Start with 6% and increase the % every year, no matter what. That will ensure a successful retirement.
Nope, put $5500 in a ROTH IRA instead then wait for the company to match next year
Um sure. 401k contributions have a higher cap plus they are above the line so your magi isn’t affected.
25% up to 6%, I started contributing 6% of my salary after a few months of employment when they notified me that they'll start matching.
Agree. MAX IT if you can.
I elected 10% traditional 401k and 10% Roth 401k 🤓 it hasn’t taken any contribution out from my paycheck yet but it will be soon!
EY6 is partially right. Also do the Roth 401k option we have if you can afford it.
Not sure how that’s partially right, but okay 😂
I’m saying don’t stop at $5,500 in retirement savings if possible; but I agree that’s the best place for the first portion. The Roth 401k is best of any residual savings one can muster up in year one.