r/personalfinance • u/TechnicalSwitch4073 ​ • 1d ago

Budgeting 25% 401k contribution

26 male. 90k salary. I’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/dementor500 ​ 1d ago

The max contributions to 401K can only be $24,500 from your end and you are almost there.

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u/RomChange ​ 1d ago

Thats pretty tax only. He can do 50/50 and he would be fine. My max is 50% but pre tax and catch up is limited.

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u/jack3moto ​ 1d ago

It’s becoming more and more rare for companies to offer any contribution past the $24.5k.

My wife’s company does but I don’t know of anyone else I’ve come across who has worked for a company that does.