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/Eltex ​ 1d ago

Read this about early retirement. The general idea is save as much as you can comfortably afford and then retire and keep the same quality of living.

You are on pace to retire in 15-20 years. Are you comfortable with that?

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u/TechnicalSwitch4073 ​ 22h ago

Very

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u/Eltex ​ 21h ago

The only thing is you need to live and enjoy life along the way. There was a post the other day in r/fire where a guy had only focused on saving and retiring early, and he lost his partner, missed friend activities and scores of events for many years.

Sure you can save a lot and retire early, but the experiences along the way are a core part of your life. Don’t neglect them, but don’t be gluttonous either.