LogFAQs > #979832501

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TopicIf you have $100,000 in the S&P 500 by age 40
Crimson_Corsair
04/10/24 4:41:10 AM
#32:


CompatibleGreet posted...
How much are u putting in it? Damn I'm trying to get my stuff together once my debt is gone
My contributions have varies greatly over the years. When I first enrolled in my 401k I started at 4% I think, and every year it automatically increases by 1% and then I just forgot about it.

When I was planning on buying my house 6 years ago I was doing some budgeting and realized I was contributing 19% of my paycheck to my 401k lol. So I dropped that back down to the company match, which, if I did the math correctly, was around 4%. Now I'm back up to 10%.

I'll probably drop it back down to 3 or 4% again though, so I can save more for projects around the house. I need to buy new windows this year.

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My head's not torn off, my sunglasses aren't broken. Amen, hallelujah, peanut butter.
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