"The basic rule of thumb is to save 15% of your income for retirement. Many experts recommend first contributing enough to max out an employer match, then switching over to a traditional or Roth IRA to gain access to more investment options."
"If the Reddit poster follows the basic rule, they should be in a good position in retirement - especially since they are starting to save at a pretty young age."
#retirement-savings #401k-contributions #investment-strategies #personal-finance #financial-planning
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