scooter260
Dryer sheet wannabe
- Joined
- Dec 1, 2007
- Messages
- 20
This market "collapse" got me thinking about how I contribute to my 401k. For years now, I simply set my contribution rate at the max of 15% per paycheck. I usually hit the max ($15,500 this year) around July.
Does anyone think I should re-think this strategy and calculate how much to contribute from each paycheck so I have an equal amount taken throughout the year to reach the max? Obviously, that would be helping me now because I'd have a better average cost basis given the recent declines.
You can certainly argue the other way as well.
Am I over-thinking this? Let me know your thoughts if I should change or just stay the course in future years.
Thanks!
Does anyone think I should re-think this strategy and calculate how much to contribute from each paycheck so I have an equal amount taken throughout the year to reach the max? Obviously, that would be helping me now because I'd have a better average cost basis given the recent declines.
You can certainly argue the other way as well.
Am I over-thinking this? Let me know your thoughts if I should change or just stay the course in future years.
Thanks!