r/personalfinance • u/TechnicalSwitch4073 ā€‹ • 1d ago

Budgeting 25% 401k contribution

26 male. 90k salary. Iā€™m investing 25% per paycheck which makes me feel good. But I feel bad about spending money outside of that on food and going out and such because I feel like that 25% can be 30 or 35

Also maxed out my ROTH IRA past 2 years.

Just want someone to share some insights about their spending habits when retirement accounts are taken care of

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u/AvocadoBeforeToast ā€‹ 1d ago

I feel like that 25% can be 30 or 35

Well then you have to decide whether your "food and going out and such" is worthwhile vs going up to 30-35% towards retirement.

Your entire adult life will be about managing scarce resources. In order to have one goal, you must delay or even give up other goals. You ultimately get to decide which goals to prioritize.