What % of your salary do you put on an IRA or 401k?

[neonerd]

inspired by the how much you make thread

 

[PawNtheSandman]

5% because my salary is so low. Once I start making better money, I plan on putting in the max for where I work which is 15%

 

[RossMAN]

401k - currently 6% will be bumping it to 10% next year.

 

[DnetMHZ]

1% because I'm poor

 

[mchammer187]

is that with match?

like if you put in 5% and there is a 5% match do you say 5 or 10%?

 

[scorpmatt]

2% of 16/hr, you do the math

 

[ggavinmoss]

10%

 

[Medicine Bear]

I max mine out yearly. Call HR at the first of the year and have them raise it to whatever the new amount is.

 

[neonerd]

Originally posted by: mchammer187
is that with match?

like if you put in 5% and there is a 5% match do you say 5 or 10%?

it's without a match

 

[RossMAN]

Originally posted by: DnetMHZ
1% because I'm poor

Assuming this is your 401k, how much does your employer match?

 

[iamwiz82]

7%

 

[isasir]

18%. My company match is pathetic tho', but I put in so much since I'm young (26) and hope compounding interest will help me out in the long run.

 

[neonerd]

Originally posted by: isasir
18%. My company match is pathetic tho', but I put in so much since I'm young (26) and hope compounding interest will help me out in the long run.

:thumbsup:

 

[dxkj]

0%

my company doesnt match but we are vested 100% eventually so they will be giving me money...

 

[Sketcher]

I put in 10%
Company matches @ 25%

 

[Utterman]

I contribute 5% and my company matches the first 4%, 100% vested to me 🙂 .

 

[spacejamz]

Originally posted by: DnetMHZ
1% because I'm poor

have you tried calculating the difference on your paycheck after a pre-tax deduction on say, 5%??? Willing to bet it would be pretty close...

 

[rh71]

6% and they match .50 on every 1.00

 

[Drekce]

15% + 5% match

 

[Tifababy]

I put in 15% towards my 401k (company matches 50% up to the first 6%), also putting about 5% towards company stock (which is discounted by 5% for employees).

What's a good 401k balance to have by say age 30 if I want to retire around 55? I'm hoping to have over $50k by age 30.

 

[radioouman]

10% and they contribute 4%.

 

[BurnItDwn]

Don't have 401K here, though the company I work at has profit sharing.
I put 2% in, they match depending upon profits. The last two years' the match was higher than 3:1.

 

[FinalLasttt]

I put in 6% now, dont' make enough.
I want to put 15% in.

Company match 3% of my base dollar for dollar.
and from 3% to 6% they match 0.50 for dollar.

Hope that wasn't too confusing.

 

[dabuddha]

5% because that's how much they match.

 

[jdub1107]

put in 15%, get matched 6-7%.