E135 – Why You Should Max Your 401k

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For many years, 401k has been the main plan for retirement savers and inversting on your 401k could be a challenge. Here are our thoughts.

[2:52] People missing out if they are not contributing on their 401k
‚󏬆¬†¬†¬†¬†Contributing to 401k doesn‚Äôt mean the money is being invested
‚󏬆¬†¬†¬†¬†401k provider normally gives free consulting and make recommendations

[6:51] What if your employer doesn’t offer a 401k plan? Any Alternatives?
‚󏬆¬†¬†¬†¬†Look at IRAs
‚󏬆¬†¬†¬†¬†Take the rough IRAs

[8:32] Takeaways
‚󏬆¬†¬†¬†¬†Save for your downpayment
‚󏬆¬†¬†¬†¬†Save for your emergency fund
‚󏬆¬†¬†¬†¬†Save for your retirement
‚󏬆¬†¬†¬†¬†Invest in your 401k as early as possible
‚󏬆¬†¬†¬†¬†Contribute to the full amount that your employer will match it

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