That's a really tough and personal question honestly ...
I personally stopped my 401k with match. Ultimately I would rather have sats that I control because I don't think I can rely on 401k systems to be there in the same way when I am 65.
Not sure everyone would reach the same conclusion.
+1...I give up 4% match but get to invest in the hardest asset ever created. Bitcoin is my retirement account.
Ok so there’s more that have done the same or made adjustments to reduce 401k contribution. 🤔
I hear about the 65 part and relying on the market
You won't pay a penalty if you withdraw from the same 401k from the company you retire from at age 55.
I diversify into anything but fiat. So prior to early retirement it was bitcoin, gold, silver, stocks & bonds (either in my 401k or personal trading account), and only a tiny percentage in cash. In fact I only held enough cash to pay bills and gift cash. But I changed that slightly about a year ago. I hold mostly btc and pay bills and expenses with btc where I can. I prefer direct btc stores over those I can only pay with gift cards or oshi (hate that app). This has had the benefit of building up my btc holdings even though I'm spending btc. Since number go up most spends are gains and I spend less than had I used cash. Whenever I have a loss greater than 3% I sell another asset like gold to pay for things. The only issue there is gold requires three days to settle so I use my fiat credit card and pay that with the gold sales. There is a company, Stacker Market, that offers a credit card similar to coinbase that exchanges the asset for USD on purchase but it's rather pricey to use like everything associated with gold. But it exists. These days I'm slowly closing out stock positions when they hit the slightest profit (>2%) and moving that into BTC. I keep the old school high dividend companies and btc related stocks. This is just what I do so don't take it as investment advice. Did I mention I'm poor 🤣🤣🤣
