I make $60k. Work matches 50% of my contribution up to $5,000. Is it dumb if I don't contribute the 17% to get the $5,000?

I could probably swing the 17%, but it would take a huge chunk out of our disposable income. It seems like nobody else at work contributes more than about 10%. I know I shouldn't be keeping up with them, but I'm just hesitant to drop so much into my 401k. Is it wise?

Edit: Work contributes 50% up to $5,000.

Submitted June 30, 2018 at 08:16AM by PM_ME_YOUR_KlTTlES https://ift.tt/2KzrU56