cherry wrote: “if I knew then what I know now, I would advise young people to NOT donate to their retirement accts because they are never truly yours...the govt taxes you when you take it out and when you have to take some out to pay property tax or other bills you income goes up and then you don’t qualify for anything like stimulus, or property tax relief....”
And if that means forgoing employer matching....
—> And if that means forgoing employer matching....
Contribute just enough to capture the match, then invest the remaining amount outside
That's the ONLY reason to do it...it's free money on the matching.