Hi everyone! I just interviewed for a new job and basically everything went great, except that they don't offer 401K match until you've been with the company for 2 years. I only make about 50,000 pre taxes and try to contribute as much as I can (at current job which matches 7% I currently am contributing 12% (6% each to a regular and roth) and could probably go a bit higher if I end up staying). The new job is a great opportunity and I expect I would be there beyond 2 years at which point they have slightly better 7.5% match . It is a top company in a field I'm trying to break into and would be great opportunity for future growth or on my resume for future moves, but it seems like I'm missing out on quite a bit of money in the next 2 years. Is it crazy to pass up on two years of 401K match, or could a great opportunity outweigh that.
Somewhat related second question: Should I increase/max out my 401K contributions before thinking of investing elsewhere? I got this advice recently and it seemed somewhat logical but also counter to the idea of diversifying investments, and I was eager to try some investing with a few thousand dollars I have in my savings to start learning the ways and was disappointed to hear that advice.
Submitted August 30, 2018 at 08:29AM by Flannel_Channel https://ift.tt/2PRfIfV
