Struggling to max out your 401(k) – Try this instead
For many workers, the idea of maxing out their 401(k) contributions can seem like an unattainable goal. With the generous annual contribution limits and the need to prioritize living expenses, it’s no wonder that most individuals fall short of reaching the maximum allowable amount. There’s no need to fret. A more realistic alternative exists that can still help you maximize your retirement savings. Rather than aiming to reach the maximum contribution limit, experts suggest focusing …