Reply to WDYD after you max out 401k

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Does your employer not match or true up your matches? If not, you are leaving money on the table and should adjust your withholdings accordingly.

If you are only putting 10% to 401K, how are you putting 20% to retirement if you aren’t doing a backdoor Roth (or I assume mega backdoor).

Anyway, if I really didn’t need the money for retirement, I would put some into index funds and spend the rest.  But at your level of income I would consider diversifying your retirement portfolio beyond 401Ks (HSA, backdoor Roth, mega backdoor Roth if available). [/quote]

No match unfortunately. I put 10% of my paycheck to retirement - but my husband also takes from his paycheck for retirement - that’s how we get to 20%. [/quote]

If you both max your 401k and you contribute 20% total to retirement, you can’t make more than $230K (20% is $46K or two 401K max contributions of $23K). But it seems like you make $306K alone?

Am I misunderstanding the math? Or does your husband have access to a mega backdoor Roth? [/quote]

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