Quote:
Originally Posted by Sassy Squatch
Thankfully I learned from my dad completely ****ing his retirement so I've been relatively responsible and have a pretty decent amount in my 401k. For those of you much smarter than I, am I on track to be in a decent place come retirement age if I just let it be in a passive fund or should I be more aggressive and invest myself?
32 years old.
Current balance in 401k bit over 100k.
Current contributions are roughly 9%, matched by employer, averages out to about 250 per week.
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My only suggestion is to up your contribution % as much as possible. It may seem difficult, but find a way to do it. My approach was always anytime I got a merit increase or raise, I split that amount and bumped up the contribution. For me, that often meant for the annual 3% merit increase I would up the contribution 2% and then my take home $$ still increased 1% so it had no real negative impact on my budget. Over time, those little percentage increases add up.