3 ms·
>while you're peers who graduated will only be up to around $50K in their contributing 401K's I'm saving quite a bit with my $bigcorp job, and at the current r
by Redoubts 11y ago
>while you're peers who graduated will only be up to around $50K in their contributing 401K's
I'm saving quite a bit with my $bigcorp job, and at the current rate, I'd be way over that in 3 to 7 years.
- philsnow 11y agoContribution limit has been 17500 or 18000 last few years, it's only expected to go up, and lots of bigcorps have good 401k matching. Also, the 17.5k (plus possible match) that you put in 3-7 years ago has been compounding for 3-7 years. Sure, the stock market may have taken a tumble in the interim and you might say that that means you end up with less in your 401k, which is true, but broad market movements affect startups' prospects as well, so you are still likely to come out ahead with the safe bigcorp option.