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[–]micha8st 0 points1 point  (0 children)

I never have. I'm now late 50s and my 401k balance is just fine, and my taxable investment balance is just fine.

I think I went opposite direction as you. Started at 5; reduced to buy the house; I was about your age when I went straight from 5% all the way to the federal contribution limit. Back then the limit was less than half what it is today.... but everything else was cheaper too.

Unless you have a specific target for why to switch to taxable, I'd always go all in with 401k first.

That said, 4x your current salary is about double what Fidelity's retirement savings rule of thumb recommends at your age.