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Reply to "40% of people making 500K/year are living paycheck to paycheck"
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[quote=Anonymous][quote=Anonymous]Anyone who is regularly contributing to a 401(k), much less maxing it out, is NOT living paycheck to paycheck. [/quote] I agree with maxing it out, but I think a fair number of lower-middle class people contribute enough to get the full match because it feels to painful to leave the money on the table. They’re probably a lot more likely to take a loan against their 401k or cash it out with penalties when they change jobs.[/quote]
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