Money Clarity Help Desk

Free Money You're Skipping

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Transcript

Buck
I skip my 401k contribution, I need that cash now, I'll start saving later.
Sage
Your company matches fifty percent up to six percent. Skip that and you're leaving eighteen hundred dollars in free money on the table every year.
Buck
Free money? Like, actually free??
Sage
Contribute enough to get the full match. That's a guaranteed fifty percent return, nothing else does that.
Buck
So I've basically been turning down a raise.
Sage
Bump your contribution to the match minimum today, future you says thanks.

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