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Reply to "$70k salary, if I max 401k what will take home be?"
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[quote=Anonymous]I can’t believe anyone making 70k maxes his or her 401k. Isn’t max 18k per year? So that would get you down to something like 35k/year, right? And I don’t say this to make you feel bad. You earn more than I do and I have a full-time job that required a lot of education. :/ I don’t max my 401k. I do 10 percent and my company matches 5 percent and I’m actually pretty proud of that—it’s about $11,000 per year. [/quote]
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