20% of pay into 401 K? Anyone else do this?O
For whatever reason, I've started to put 20% of my pay into a 401K account, mostly small cap, medium cap, and international?
At 24, isn't that the best thing to do in order to reap the benefit of the compounding returns? Basically, giving a little sacrifice now to get a return in 35 years?
My question is whether anyone else recommends this, or whether they would themself have a traditional savings or brokerage account???