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Updated over 9 years ago,

User Stats

11
Posts
3
Votes
Greg Mitchell
  • Investor
  • Yukon, OK
3
Votes |
11
Posts

401K

Greg Mitchell
  • Investor
  • Yukon, OK
Posted
At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do. The way I look at it, the company match basically protects my contribution from inflation, and any fund increase is a good bonus, BUT much of that is eaten up by management fees. My question is, would it be better to keep that money (even though it will be taxed) in my paycheck and put it toward RE investing or bad debt reduction? Thanks, Greg

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