I just turned 51 and have started thinking about retirement. I feel extremely behind as I hope to retire at 62. I currently have $90,000 in a traditional 401(k). I am not maxing out my contribution but get employer match. I want to start increasing my contributions but I’m not sure if I should focus on maxing out my current 401(k) or starting a Roth IRA to have another pool of money. I am not in a position to Max out my contributions for both. I only have the one retirement account today. Any thoughts on how you might proceed in my situation?
Submitted February 21, 2021 at 02:19PM by oulkk10 https://ift.tt/3uep35T
