14. Contributing Only Your Company’s Default Minimum to Your 401(k)
Be careful when it comes to your 401(k) contributions, keep track of them otherwise your retirement could be affected. In some cases, employees have to save a minimum amount in their 401(k) if they don’t opt-out of the benefit. It’s important to know that your contribution should be higher than, for instance, 2%, in order to reach your saving goals.
To keep away from the social security and pension crises, invest more in your 401(k).
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