thats how you get successful

basically every single year i ever worked a full time job i maxxed my 401k

virgin poor @esotericpazuzuism vs chad rich @fuguer

your not doing bad at all duck but your freedom is long off

plus company match

my dad never owned a business btw

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just make close to 200k for more than a decade

for a while

yep

and invest well

thats the plan

and you'll be good

boomer wealth

401k is a huge giveaway

people think the tax deduction is the benefit of a 401k

but thats bullshit

the real benefit is the money grows tax free, ZERO capital gains tax

@Medman def poor as shit but ive worked for ALOT of millionares

ppl with real money

the benefit is zero capital gains tax and employer matching

when can you cash out your 401k tho

and you can rebalance your portfolio at any time with zero tax consequences

yep nerth

my dad chastises family friends who don't max out their contributions every year lol

zero capital gains is HUUUGE

@esotericpazuzuism then u noticed they all wear little hats and rub their hands so u became a nazi

he has literally put the maximum amount legally possible every year for his career

same

@Medman naw mostly boomer whites lol

its brainlet not to

wtf is a 401k anyways

i lived like a fucking starving college student for 5 years after i got a real job

just so i could always max my 401k

most jews are not wealthy

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401k is like an IRA

its a tax advantaged savings account, the money grows tax free and you never pay capital gain on the increase

ive know a couple of jews befor

none making over 200k