caustictoast t1_iydj6of wrote on November 30, 2022 at 4:32 PM

Reply to comment by jsalley in Is 11% salary increase worth switching jobs? by [deleted]

To max both the 401k and IRA you’ll be saving almost 30% of the gross number. Unless you live somewhere very cheap you aren’t maxing both

Human_Person_583 t1_iydqucd wrote on November 30, 2022 at 5:21 PM

You forget what sub you’re in.

Benjaphar t1_iydl89p wrote on November 30, 2022 at 4:45 PM

Well not with that attitude.

ChoroidPlexers t1_iyduku7 wrote on November 30, 2022 at 5:45 PM

I max both while making less....as a homeowner in Southern California....

flowcarve t1_iyenp9h wrote on November 30, 2022 at 8:51 PM

That's inspiration! I would like to hear more about your budget. Trying to do the same but I'm nowhere close.

mspman6868 t1_iydt8tf wrote on November 30, 2022 at 5:36 PM

Check out r/frugal they may change your mind

WorldOnFire83 t1_iyeg34o wrote on November 30, 2022 at 8:02 PM

You are not factoring in that OP may have a spouse with income as well. That makes maxing retirement accounts much easier where it is a dual income home.

ir0nuckles t1_iydya46 wrote on November 30, 2022 at 6:08 PM

It's pretty easy to max both actually if you have no debt.