You are viewing a single comment's thread from:

RE: LeoThread 2024-12-27 20:14

in LeoFinance28 days ago

For most individuals in their 20s, maxing out a 401(k) isn’t a necessity.

  • Aim to get the employer match
  • Fully fund a Roth IRA
  • Invest in a brokerage account
  • Contribute to an HSA
  • Save for a home purchase
Sort:  

The average balance in Fidelity's 401(k) participant accounts reached a record of $132,300, rising 4% from $127,100 in Q2, while the median stood at only $30,600. #FinancialPlanning #InvestSmart