Mister207

The goal of saving for retirement always includes the question “How much is enough?” I’ve read that one should save at least 15% of salary (each pay period). That includes any company match. But depending on a person’s age and whether they put off saving for retirement, that percentage could be much higher.

Regardless, the IRS allows you to save up to $15,500 per year on a before-tax basis (that’s my goal). If your’e age 50+, you can save an additional $5K (or $20,500 ea. year).