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3 Reasons You Shouldn't Max Out Your 401(k)


3 Reasons You Shouldn't Max Out Your 401(k)

When it comes to getting ahead on your retirement savings, most people advise saving as much money as possible and putting everything you have in your 401(k). But while the advice is well-intentioned, it can possibly do more harm than good.

It is a good idea to contribute as much as you need to earn your employer match (because that's essentially free money you'd be missing out on otherwise). After you've earned all your matching dollars, though, what should you do with the rest of your money?

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Source: Fool.com


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