Thu, 1 October 2020
Want to maximize your 401(k) this year? The first step to doing that is figuring out how much to contribute. Today we discuss how much you need to put in to retire!
Getting the Most Out of Your 401(k)
We’re wrapping our open enrollment series. The past couple of episodes we’ve discussed what you need to know with your benefits so you can make the right choices for you and your family.
Health insurance is a huge one, but the other big one is your 401(k). Last week Matt Miner, a certified financial planner talked a bit about how to walk through and review your benefits including your 401(k)s so if you haven’t already, please listen to that.
You can check -in with your 401(k) throughout the year, but for many, this is a popular time to check and review their portfolio.
Since it’s an important part of your finances, today we’re answering the biggest questions couples and families have with their 401(k), specifically how much should we contribute?
In this episode we’re discussing:
Let’s get started!
Resources to Stay on Top of Your 401(k)
Here are some resources to make managing your money much easier!
Thank You to Our Sponsor Coastal!
Support for this podcast comes from Coastal Credit Union! If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today.
If you want to be better prepared financially for retirement, please check out Coastal’s 401(k) Planning Calculator.
Support the Podcast!
Thank you so much for listening to the podcast!
Direct download: S10E22_How_Much_Should_We_Contribute_to_Our_401k.mp3
Category:personal finance -- posted at: 8:13am EDT