I’m 34, work at fiber optic company.
I make about 50+k a year, more when I reach my top out pay of 32$ an hour.
My company does 401k match up to 6%
I currently have my allocations at
Pre tax -0%
Post tax – 6%
Roth – 0%
Hsa -0%
What would be better for retirement ? Im at a late start for retirement planning. Cause I never thought I would be able to, so I’m working towards that now.
I’m gonna try to max out contributions to Roth each year, to have that added benefit.
So just some friendly advice would be great. I’ll happily answer questions needed. Thank you
Posted by TheJunk23
1 Comment
Are you mistaking after-tax for post-tax? Because your entire contribution, at your current income level, should probably be Roth.
Assuming you’re starting with a near-$0 retirement balance, contribute a lot more.