Over half of Americans claim they're nowhere near achieving their definition of financial freedom, with 36% saying they have less than $1,000 in their savings accounts.
  • HubertManne@kbin.social
    1·
    2 years ago

    I doubt your maxing your 401k. I assume you mean the amount needed to get maximum match from your employer?

    • plutus@lemm.ee
      2·
      2 years ago

      Pre-tax 401k contribution limit is $22,500 in 2023. Plenty of people are able to contribute up to that limit.

      • HubertManne@kbin.social
        1·
        2 years ago

        Must be nice. I maxed ira in the past but this is beyond me barring winning the lottery. Of course then I would likely not have a 401k.