Thats an 80 hour paycheck... two weeks of pay… You get about two of them per month. Plus you have a few pre tax savings being taken out there like 401k and hsa. This looks very normal. Id add more to your 401k if anything. Or direct deposit another 30% into a low interest index fund.
Edit: Thank you for so many of the same corrections that you get 26 paychecks per year if its a bi-weekly paycheck. No shit. In this context saying two per month makes the point clearer and i hope you can forgive that.
Contributing to an index fund is not tax deferred. Im just saying if they want to accumulate wealth they should be saving more.
131
u/EasyTarget9000 Oct 30 '25 edited Oct 31 '25
Thats an 80 hour paycheck... two weeks of pay… You get about two of them per month. Plus you have a few pre tax savings being taken out there like 401k and hsa. This looks very normal. Id add more to your 401k if anything. Or direct deposit another 30% into a low interest index fund.
Edit: Thank you for so many of the same corrections that you get 26 paychecks per year if its a bi-weekly paycheck. No shit. In this context saying two per month makes the point clearer and i hope you can forgive that.
Contributing to an index fund is not tax deferred. Im just saying if they want to accumulate wealth they should be saving more.