A few weeks back, I was having a chat with a younger friend who raised the following: “I was hoping to talk about 401K vs saving money to have disposable income to eventually buy a house in the somewhat near future. I’m not sure how much I should be putting in my 401K.” In other words: “Should I save for retirement or save for a home down payment?” This question is so essential to millennial personal finance that I’m surprised I have never been asked it before, or thought of it on my own as a topic to write about.
The post Save for a Home or Retirement? A...
[Read the rest of the story at 20somethingfinance.com]
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[Read the rest of the story at 20somethingfinance.com]