{ "media_type": "text", "post_content": "Should I be maxing out my 401k if I’m able to? I’m 25 and don’t have an immediate need for cash, aside from wanting to buy a house in the next 5 or so years.", "post_id": "5ff61d93bb34fb0022cc81a8", "reply_count": 6, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Should I be maxing out my 401k if I’m able to? I’m 25 and don’t have an immediate need for cash, aside from wanting to buy a house in the next 5 or so years.

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Today, I’d buy loose diamonds and a one-way plane ticket

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Who cares! No one knows if there will be an America tomorrow or not let alone 401k

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Look at you trying to ask a reasonable normal question while democracy burns.

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But for real. Yes. Make sure you have an emergency fund that will cover you 3-6 months. Think about when you need to start saving for a house and best way to do so — look into CD ladders. And take advantage of tax advantages processes like maxing your 401k and/or IRA

Ya

Yes! Compound interest!

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