I'm 40 and have socked away $3 million in post-tax retirement accounts - should I put another $500k into a deferred compensation?
Briefly

from 24/7 Wall St.3 months ago
The author discusses the case of a Redditor contemplating investing $500,000 into a deferred compensation plan, highlighting the importance of considering future financial stability and potential growth.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/15/im-40-and-have-socked-away-3-million-in-post-tax-retirement-accounts-i-should-put-another-500k-into-a-deferred-compensation/
The Redditor's financial situation demonstrates the balance between immediate income reduction and long-term investment growth through deferred compensation, emphasizing strategic financial planning.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/15/im-40-and-have-socked-away-3-million-in-post-tax-retirement-accounts-i-should-put-another-500k-into-a-deferred-compensation/
Read at 24/7 Wall St.
#deferred-compensation #retirement-planning #financial-strategy #investment-growth #chubbyfire
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