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@zongruger Dang didn’t realize that. Stopped the Roth 401(k) years ago.

A lot of people in finance subs say you need a fully funded emergency fund and need to save 15-20% year for retirement AND save for a house. That is only possible though high income, parental help or eating rice and beans. You also need to enjoy your youth (at least in moderation). Reality is...

@brownie44 Problem with a Roth 401(k) is you can only put in 7k a year. If you’re making 6 figs at 25, you can afford a traditional 401(k). I made $50k/year in my 20s, so all I could afford was the $6k/year (limit at the time) into Roth. Once I was in my 30s and making 6 figs, I went as hard...

@brownie44 If you contribute to a Roth IRA, everything you put in can be withdrawn to buy a house/condi and $10k of earnings, without penalty (the latter after at least 5 years). So if you get up to your match in a trad 401(k) and put the rest in a Roth IRA, you will have some flexibility. I...