How Much Should I Contribute to My 401k?

<p class="Body" style="margin-bottom: 0in;"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Many people will use retirement accounts like the 401(k) to save money, but we often get asked about the amount they should be contributing each month. Should it depend on what your company matches or should you just put as much as you can afford in regardless? Let’s dig deeper into this question and tell you what we like to consider when answering this question. </span></p> <p class="Body" style="margin-bottom: 0in;"> </p> <p class="Body" style="margin-bottom: 0in;"><strong><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> Here’s what you can expect to learn in this episode:</span></strong></p> <ul> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> The different questions we typically ask someone to determine how best to use a 401k.</span></li> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> Are there instances where you shouldn’t put money in a 401k even if there’s a company match?</span></li> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> When would you only want to contribute enough to get the company match but no more?</span></li> </ul> <p> </p> <p><strong>Check out our other free financial resources here:</strong> <a href= "https://johnsonbrunetti.com/financial-resources/">https://johnsonbrunetti.com/financial-resources/</a></p> <p><strong>Contact our team:</strong> <a href= "https://johnsonbrunetti.com/contact-us/">https://johnsonbrunetti.com/contact-us/</a> </p> <p> </p> <p class="Body" style="margin-bottom: 0in;"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Cali