So I just got my job for life most likely. I make about 50k a year, this will increase to at least 180,000 in 8 years. I plan to be here for the next 30 years. This job offers a traditional 401k that’s matched 6 percent which is great.I already have around 7’000 in my past 401ks.
I was going to invest ab 15 percent of my check into the 401k and just let it ride till I’m 59 obviously. I also just started investing into a vanguard index fund monthly ( around $300)
I always hear ppl rave ab IRA’s and there tax benefits BUT I have a 401k that’s matched so I’m not sure if I need the IRA.
I would love to hear any insight from ppl who have been there and done it so I know what I should do.
Submitted June 25, 2024 at 06:21AM by Radiant-Anybody-9586 https://ift.tt/dIL7YW0
