Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

5
Posts
12
Votes
Matthew Otto
  • Rental Property Investor
  • Savage, MN
12
Votes |
5
Posts

22 year old about to start a new job with 401k match

Matthew Otto
  • Rental Property Investor
  • Savage, MN
Posted

Hello I am still new too investing, no deals. I am 22 and about to start a new job with 50% 401k match up to 6%. So I am able to gain “free money” but don’t know if I want to allocate that much money into the 401K when I’d like to start building an investing fund. I’m looking for opinions on the matter of 401k.

Most Popular Reply

User Stats

922
Posts
533
Votes
Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
533
Votes |
922
Posts
Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
Replied

@Matthew Otto

Take advantage of the match, at your age.  Free money is free money, and it's also forcing you into putting money away.  Patience on the RE stuff my friend :)


Jim

Loading replies...