How do I calculate what % to contribute to my 401k? Submitted by beatplusmelody t3_126r6er on March 30, 2023 at 3:58 PM in personalfinance 8 comments 0
Default87 t1_jeadj3z wrote on March 30, 2023 at 4:04 PM General recommendation is to save at least 15% of your income per year for retirement. For your salary, that would mean maxing out your 401k to the limit and then contributing additional money to an IRA and/or a taxable account. Permalink 2
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