Maybe not “intentionally not maxing out,” but is it normal to not contribute as much as possible?
I’m in my mid-thirties and have $800 taken out every month for my 401k, max out my IRA every year, have a HYSA with about $100k, and invest in some stocks here and there with a brokerage account.
I could probably have more taken out for my 401k with some adjustments, but every retirement calculator I’ve used has me on track to be fine so I haven’t bothered. My employer doesn’t do any kind of matching unfortunately. Am I stupid though, should I put as much as possible into my 401k no matter what?
original posted by SorryAboutMyself to r/personalfinance on Wed, 06 Mar 2024 23:27:51 GMT.