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Updated over 3 years ago, 05/24/2021

User Stats

56
Posts
21
Votes
Wesley Mullen
Pro Member
  • Investor
  • Norman, OK
21
Votes |
56
Posts

Reducing 401k contributions

Wesley Mullen
Pro Member
  • Investor
  • Norman, OK
Posted

As soon as I started my Corporate job, I was told like many others to max out my 401k contributions to take advantage of my Employer match (100% first 3%, 50% next 2%). So I've been contributing 5% the last 5 years. But in the last year, I've began investing in the stock market (index funds/etfs) and have started in real estate (we have one property under our belt). I am curious what others think about decreasing the contribution to 3% or even all together, as I have my mind set on the future through my other investing. The employer match is 'free money' but I'm wondering if I have make more through my own investments. Thoughts? What have others done who still work Corporate jobs?

  • Wesley Mullen
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