How much do you guys put in % wise into 401k?

[Bingu]

ive been putting 10% in but just increased it to 20%. is there any reason to include more even if your company doesnt match that high?

[Woody-5]

I max it out, I'm allowed 13,500 per year. Gotta get that taxable income down any way I can

[BuckNakedinBama]

Max it out at 19500 annually.

[Lefticle]

I max it out, I'm allowed 13,500 per year. Gotta get that taxable income down any way I can

This. I start out at 20% until maxed out.

[JoshSP1985]

I think I'm at like 7% right now, should do more I guess. Depends on your risk level because there are definitely higher risk/reward options you could be doing with that money.

[SouthDakotaBrah]

$19,500 per year

my 401k is mostly in US Large Cap Equity (S&P 500), plus Mid Cap Equity (S&P 400) and Small Cap Equity (Russell 2000) so it scales with the overall stock market plus I get tax benefits which is an immediate ~35% return. 401k is the first thing you should max out brahs (srs)

[MrQuint]

Maxed at 19,500.

[Destor]

Usually try to max out but that depends on how much I've bottomed out that year

[5x10]

23% this year, company throws in another 6%

I was at 48% last year, with another 6% company contribution = 54% (deferred compensation plan allowed me to contribute more than the 19.5k cap)

[elterrible987]

I hate that they always do % and dont let you just do a flat contribution. Or to let you do lump sum deposits like your IRA. Because then its hard to "max" it out without going over. Especially if you have slight variations or raises ect to your salary or a raise. You dont want to go over because if you cant contribute to the rest of the year you lose the free matching.

[Scarrdbutsmartr]

Please go to talk to an investment planner that has the goal of tax free retirement.

You need to manage your portfolio to have a tax free retirement and maxing out your 401k can be a really bad idea with this goal in mind...

I dropped my 401k down from max contribution to company match after I looked at the tax burden. If the market remains strong there is the potential I will actually have to pull money out of my 401k and take early penalties to remain where I need to be from a long term tax perspective.

[elterrible987]

Please go to talk to an investment planner that has the goal of tax free retirement.

You need to manage your portfolio to have a tax free retirement and maxing out your 401k can be a really bad idea with this goal in mind...

I dropped my 401k down from max contribution to match after I looked at the tax burden.

It kind of blew my mind when i was looking at my moms retirement , she only made like 50k max a year and didnt contribute much at all to an IRA or 401k but held most of her investments in taxable accounts that were mostly all in growth funds so low taxes per year anyways. First I thought this was insane but then I ran the numbers and it didnt really matter much at the end of the day whether these were in a retirement account or not.

[Briangumble]

6% traditional and 6% Roth, so a total of 12%. And my employer matches up to 6%.

[Dec4y]

Max will be 58K this year....much more advantageous to be the employer.

[Drew23]

9% but I can't put more because I'm in the HCG at my company.

[Dan_S]

Used to max it out.

Don't contribute anymore because I'm about to retire.

[Polaris]

20% as well.

[GordonXXX]

put the max in you can afford!!!!!!! you can always lower it later if necessary! pay yourself first! progressive overload!

[Lefticle]

Please go to talk to an investment planner that has the goal of tax free retirement.

You need to manage your portfolio to have a tax free retirement and maxing out your 401k can be a really bad idea with this goal in mind...

I dropped my 401k down from max contribution to company match after I looked at the tax burden. If the market remains strong there is the potential I will actually have to pull money out of my 401k and take early penalties to remain where I need to be from a long term tax perspective.

Retard alert

[DrugsToGetBig]

Used to max it out.

Don't contribute anymore because I'm about to retire.

retiring at 37 what do you do brah?

[SevenFigures]

only 3% because Sp500 is all time high right now. If stocks crash ill contribute more

[lowkey122]

I max out at 19,500 every year ever since it was raised a few years ago.

[sam212]

Max, 19500. Employer matches 100 percent. Win.

[Exiled93]

Roth TSP I do 5% and get the 5% match.

Then I throw a little bit in my roth ira. And also a roth taxable brokerage which I'm using for house downpayment savings.

[StinnerOzz]

401(k) - maxed contribution
457(b) - maxed contribution
401(a) - ability to contribute to 10% of salary, but I currently do not. I get 3% of my base salary given to/for me though*
(Backdoor) Roth IRA - max contribution

*I put almost all of my post-expense money into investment accounts and do my own trading/investments. This way while I suffer the tax benefits throughout, I have access to better opportunities and the money is just a few days away should I need it, want to retire early and withdraw without penalty, etc. Or it just grows as long as I want and then deal with it much like the above which I may not even reach the age to enjoy. I hate that feeling but it's a big reality. I'm lucky that I have the ability to hedge my bets and not really worry about what I leave on the table between the two.

[GordonXXX]

only 3% because Sp500 is all time high right now. If stocks crash ill contribute more

if you are fearful of stocks being too "expensive", you can and should still contribute the max. just send some contributions to the total bond index fund then and rebalance later as desired. but if you have a long time horizon (and even if you didn't) i wouldn't try to time the market. i would set an asset allocation you are comfortable with that's appropriate for you age and time horizon and follow it. i like 70/30 stocks/bonds. but get the max tax break and get the max employer match and squirrel the money away. good luck.

[MyBaddBrah]

Yes there is a reason, the more you put in, the more tax advantaged money you get. Most people can't afford to max it out at $19k a year though. I did it for years.

[MrBourbon]

Retirement investment vehicle tier list

401k with Match
Roth
401k without match
Normal investing

[HMFIC_BROWSIN]

self employed so SEP IRA crew.

maxed AF.

also, HSAcels, you can put your HSA into fidelity and invest the HSA money into stonks.

[GordonXXX]

401(k) - maxed contribution
457(b) - maxed contribution
401(a) - ability to contribute to 10% of salary, but I currently do not. I get 3% of my base salary given to/for me though*
(Backdoor) Roth IRA - max contribution

*I put almost all of my post-expense money into investment accounts and do my own trading/investments. This way while I suffer the tax benefits throughout, I have access to better opportunities and the money is just a few days away should I need it, want to retire early and withdraw without penalty, etc. Or it just grows as long as I want and then deal with it much like the above which I may not even reach the age to enjoy. I hate that feeling but it's a big reality. I'm lucky that I have the ability to hedge my bets and not really worry about what I leave on the table between the two.

that's great but be careful of overdoing retirement contributions and having not much (relatively speaking) outside of retirement and being too retirement heavy. as you know, the retirement money is locked up until 60+ unless you want to pay a harsh penalty and taxes unless you have special circumstances. you want to have a nice balance of assets in retirement accounts vs. non-retirement accounts. i'm at about 70/30 - 70 non-retirement, 30 retirement. good luck!