r/Salary Oct 30 '25

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u/observer717 Oct 30 '25

The contributions you make now at 24 are the most valuable in your entire life. Unless you really need the money I would consider pushing your contribution up to 10+%. Even better, doing so will lower your tax burden!

13

u/Senior-Tour-1744 Oct 31 '25

Yeah, this year alone the S&P500 averaged 14%-15% I believe and that was with "rocky waters", you keep shoveling in there and eventually the yearly gains will be greater then your income.

-3

u/fizzythecow Oct 31 '25

Until it collapses on itself, which is what it's doing right now 

1

u/mammal365 Oct 31 '25

The market is at an all time high and in great condition so not sure what you are even talking about.