“Saving 7% in 401k and 7% in Roth 401k with 1.5% match, planning to max out Roth IRA”

Item: Saving 7% in 401k and 7% in Roth 401k with 1.5% match, planning to max out Roth IRA
Rating: 4
Author: u/helluvajacket

What Actually Happened

Struggling to balance short-term goals with long-term financial security

What I wish I knew

"More about retirement savings strategies"

Advice to Someone Facing This Now

If I could tell you one thing

"Start saving early and consistently for long-term goals"

Regret Index

6/10

Clear regret.
The downsides outweighed what was gained.

SettledMixedSevere

Advice for Someone Facing This

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Discussion

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personal finance Category

370

personal finance decisions logged. Avg regret 3.8/10 across the category.

Same Outcome Band

of personal finance decisions land in the regret band the same as this one.