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Is it smart to be this aggressive with my 401k?
Is it smart to be this aggressive with my 401k? 22 years old, I just started a new job that pays 110k per year and I need to set up my 401k contributions. My employer matches 50% of my contributions up to 6% so I was just gonna contribute 6%, but my parents suggested to just max out the $23,000 IRS limit at about 21% since I have no debt or any major expenses since I’m living at home. Is this...
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