I just got a new job. How much of my income should I dedicate to my 401K?
As a rule of thumb, a person should have saved 1 times salary by the time they are 30, 3 times by 40, 5 times by 50, and 10 times salary by the time they retire.
Contribute the annual max to a Roth IRA if you are eligible.
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Asked on February 25, 2015 in Money & Finance.