How much do you contribute to 401k/IRA?

[Lefticle]

Currently contributing 15% of income at 30yo. Feel like this is a little low. What are you at?

[Zwicker]

Dave Ramsey Crew.

He says not to contribute anything until you are entirely debt free, excluding a mortgage. When debt free, do 15%. Once your mortgage is done, you can up the %.

[Destor]

5% matched by my company, so 10% total

[colbski]

10% ESPP - get a 15% discount on the lowest trading level during a 6 month period.
10% 401k - 100% matched up to 6%
ROTH IRA - 6%
TRADITIONAL IRA - 6%
STOCK POT - $200 a month (for trading etc..)

[MustardTiger17]

9% company matches 6%

[wasp9166]

6500 a yr, max

[1530]

Silver / Gold...

[OfficerJimLahey]

Household = 2 Roth IRAs and a bit in the TSP. Would love to do more. You're doing good, OP.

[artm]

I have been doing 6% or my early and came close to maxing it out a few times
Bumped it up to 10% last year and maxed it out
29 year old got 180k in there

[Visel]

6% to get the company match.

Once my debt is paid off I plan on focusing excess money towards some personal investments, as opposed to retirement investments. Later down the road I'll consider upping the retirement investments. At the end of the day, as long as a solid 20-25% of your income is going towards investments of some sort to generate overall net worth accumulation, that's all that matters. The incentive behind personal investments is the avoidance of penalties from withdrawing, so I can let money sit making 6% or more, and then use that money towards bigger moves such as a house down payment or maybe a new (to me, not year-of new) vehicle.

I'm only 24, and according to the retirement calculators, 6% with the match puts me right about on track, and above par compared to the average of people my age.

[Lendogg]

IRS limits on both.

[bartosh]

Max out rothIRA,
Close to maxing out 401k, have it set to auto-increase contributions 1%/year at the same time i get a raise, so i never really notice the increased 401k deduction.

[MajorTendonitis]

If I could do it all over again, I would invest 25% of my gross earnings no matter how hard it was

[THATSfunnyOP]

2.5% matched.... thats it.

27 but saving up for a house down payment. Fml

[pondus_levo]

Depends on how much you make... 6 figure + crew, 39YO, been contributing 6-10% + Match since I was 22. Currently only contributing 6% and I am projected to retire with $3.5mil, which is 2x what I need since my house will be paid off by the time I retire.

Oh, and that's including losing 50% to my ex-wife.

[DrFeeIGood]

Depends on how much you make... 6 figure + crew, 39YO, been contributing 6-10% + Match since I was 22. Currently only contributing 6% and I am projected to retire with $3.5mil, which is 2x what I need since my house will be paid off by the time I retire.

Oh, and that's including losing 50% to my ex-wife.

Was she worth it

[xpin2winx]

Around $1000 a month for traditional tsp and 5000 a year for Roth ira

[MillerDecaXC]

6% which is all my company matches... Every year they try to automatically bump it up one 1% so i knock that sh!t back down to 6%... I have better things to put my $ into...


(Except in december when the stock market crashed, I bumped it up to 25% for 6-7 weeks until it recovered... now im back to 6%)

I also max out Roth IRA every year.

[MrQuint]

17% in retirement accounts, more elsewhere.

[taf1968]

Was doing 17% for years and always maxed out by some point late in the year. It's trickier this year because in addition to being eligible for catchup payments now, we were acquired and the company match increased . . . plus there were some bonuses in there. So I'm trying to calculate what % will let me maximize the company match while still hitting the max allowed total contribution (which would be $25k).

[sword_]

7%. I get stocks which vest every quarter also.

[Redfish225]

15% since 1997 come at me.

[pakmansc300]

401K - 6% company match

IRA - Only putting $200 month for now

[Coach McGuirk]

17500 which I believe was last years max. That does not include the companies 6% match. Plus we still have a pension.

I have some non mtg debt I need to pay off then I’ll up it to the current 19k max.

I also got a late start which sucks because if I had this discipline years ago I would be set for an early retirement.

[StillNoLight]

0 dollars

lol at paying into something you dont have access to until your retired. lettece be real, by that time im probably half brain dead anyway and the government will be paying for me to live in a home all doped up on meds

[mr.left hook]

10% company matches 1st 5% then 50% the rest- get that free dough and stash your shiet Boyo's

[xeron]

0

If I make it to that age, I did something wrong

[Gronnie]

Maxing out 401k and Backdoor Roth IRA for both myself and the wife. Also maxing ESPP at 15% and getting RSU shares, both of which get sold immediately upon vesting and put into VTSAX.

[Gronnie]

Was doing 17% for years and always maxed out by some point late in the year. It's trickier this year because in addition to being eligible for catchup payments now, we were acquired and the company match increased . . . plus there were some bonuses in there. So I'm trying to calculate what % will let me maximize the company match while still hitting the max allowed total contribution (which would be $25k).

The $25k is just your contributions, the match doesn't count against it.

[anonymous]

Whatever the max is, 19000 a year with matching

Still not enough to retire on sadly