davis_engineering_
Region: US
Saturday 05 September 2026 19:57:36 GMT
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Cate :
Sorry but no 😭 if you can afford to max out your 401k, please do it. Anyone who disagrees with this doesn’t understand compound interest. The more you can aggressively invest at a young age, you will make FARRRRR more money than contributing more at a later age. Please let compound interest do the work for you.
2026-09-06 00:12:51
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Benny_the_golden :
There’s plenty of other buckets for your money. I’d rather max out Roth (7k) and HSA (4k).
2026-09-06 12:37:22
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Random987 :
I agree, what you missed was putting it in the brokerage so that you can still pull it out before you retire
2026-09-06 12:06:37
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dylan :
The humble Roth IRA
2026-09-06 02:34:56
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Todd Nicholas840 :
Maxed out my retirement contributions. I’m retired with a paid off house and vehicles at 55. I work when and if I want now. Work smarter. Save. Your advice is not sound unless you want to work until you die.
2026-09-06 12:05:19
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Bron Glazer :
Owning a house is a worse use of money than investing, just rent
2026-09-06 01:33:06
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tylerrand94 :
You should absolutely plan for your 60s once you have a plan for your 30, 40s, and 50s. 💀
2026-09-05 22:54:33
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your_engineering_sister :
You are correct! I’m 28 & have over 250k all locked up in my retirement (Trad 401k & Roth IRA). I honestly wish I had a little bit more in liquid funds. Especially with where house prices are at right now. But since I was so aggressive, I can back down on retirement savings to stack up cash. I did start a brokerage when I was like 23, just didn’t stick with it, major L.
2026-09-05 20:20:00
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Ebutler2222 :
This kind of an L take. Contributing more money early to your retirement accounts will exponentially increase the amount of money you have later. Also you’re not locked into maxing it out forever, max it out for 2 years then dial it back to a bit more than match, the money you front loaded into the account will gain way more over time. Also in an engineering field you should be making more than enough money to be able to set some aside for your retirement. Obviously don’t max it out if it’ll make you poor but if you have expendable income you definitely should be contributing some of it.
2026-09-05 22:44:30
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Vik :
honestly unless I get a job with 401k benifits im probably just gonna stick to regular investing. im the kinna person that drastically changes my life plans every so often so I'll always need liquidity.
2026-09-05 20:40:26
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Beyond :
thats bad advice to do your 20s. unless you have a lot of spare cash. its 401k match , max roth ira , put enough to pre tax to get you into a lower tax bracket , invest in brokerage account.
2026-09-05 23:07:49
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yug :
Always max the match, but after that it’s case by case. At the end of the day you wanna live life and enjoy the money you make especially while young but at the same time, these early years of compounding make a massive difference down the line
2026-09-05 20:52:47
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George :
I believe the idea is to encourage a young generation of upcoming adults to start saving their money responsibly. Too many young adults are victims of gambling, betting, reckless spending, etc. and the system doesn’t properly inform us on how to be financially literate.
2026-09-05 20:04:10
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matt :
usa is the only 1st world country who has to worry about this stuff btw
2026-09-05 22:08:28
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Corrosive :
what if you own a house, own the cars, and need more tax breaks?
2026-09-06 11:49:47
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Grant :
Unless your living with your parents idk any young person making enough money to just put away 24k a year lol
2026-09-06 10:10:14
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daniel2003131 :
You can borrow from a 401k without penalty for a first time home. You pay it back with interest but the payback and the interest go back to you.
2026-09-05 22:34:04
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Spencer Harris :
There are a lot of people with little to nothing in retirement accounts. Saving while young is so underrated
2026-09-05 22:50:41
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the Baby from Pet Semetary :
You don’t need to be maxing out 401k, but you should definitely prioritize it over a taxable account. You should not leave tax advantaged accounts on the table.
2026-09-05 22:01:59
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BDAZ33 :
I’d say you’re slightly misinformed. It comes in steps: get the employer match, build an emergency fund, max the HSA if eligible, max a Roth IRA, then work toward maxing the 401(k) while saving for other goals. If you need more cash flow for a house or kids, dial back retirement contributions strategically and redirect that money toward the goal. you don’t have to abandon retirement saving entirely. Roth IRA contributions can also be withdrawn without tax or penalty if needed. The answer isn’t “blindly put $24,500 into your 401(k) no matter what.” It’s balancing short-term goals with the huge advantage of investing for retirement while you’re young.
2026-09-05 22:08:25
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Mono :
We’ve been maxing out both of our 401ks since our 20s. We also max out our Roth IRAs, do backdoor Roths when needed, and auto transfer money from checking to our brokerage accounts every month. Goal is to retire at 45.
2026-09-05 23:27:09
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yepyep124 :
A dollar invested in your 20s will 15x, a dollar invested in your 40s will 4x
2026-09-05 21:09:37
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jawkyd :
It’s a balancing act. The most valuable contributions we make are in our 20s - when we have the least earnings to our name. Even if it is a stretch, finding a way to max 2-3 years with Roth IRA too has a benefit
2026-09-05 23:56:21
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Rob Plays Games :
Biggest issue is one-size-fits-all advice! In my part of the country, a decent entry level job pays 40k -- no way you can afford to max it out on that! If you manage to start with a higher income, it's not terrible advice.
2026-09-06 01:41:32
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️Esteban :
Totally agree only account you should max is your ROTH IRA
2026-09-05 20:44:47
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