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Liquidretro t1_iydivta wrote

401k's are employer sponsored plans, so you can't do one on your own easily. You can and should have an IRA.

Are you on track for your age for retirement? One years income by the age of 30, 3X by age 40?

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TheMightyCholo OP t1_iydknrd wrote

Gotcha. As of right now, I’m a bit below one years income by 30

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Liquidretro t1_iydvt30 wrote

I would focus on putting that extra money into caching up for retirement then. 4% is kind of middle to low interest.

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