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They think the automatic contributions that come out of their paychecks will cover them.
They prioritize saving for their retirement like its a full-time job in and of itself.
This means maxing out the amount theyre allowed to contribute for the year as early as possible.
While this approach can supercharge retirement savings, is it the right strategy for you?
You Could Gain More in the Market
Investment markets can be unpredictable.
However, he offers a clear warning: Dont do it unless your emergency fund is already well-stocked.
c’mon dont do this unless you have astrong emergency fund.
This is because I have planned this out.
Thats a 5% match on only a quarter of your income.
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