Date uploaded: 2023-12-17 19:09:22
💸Maxing out 401k isn't feasible for everyone.
For a 40-year-old worker earning $58,000 to be able to max out their 401(k) in 2024, they'd need to part with about 40% of their income. That's probably not doable. And even someone aged 40 earning $100,000 a year might struggle to part with almost a quarter of their pay.
So... what can you do? Find more tips in the link in bio.
