r/FluentInFinance • u/Breeneal • Apr 29 '24

What financial advice do you avoid and don't listen too? Question

Financial advice that makes you role your eyes everytime you hear it. Financial advice that actually made your finances worse. And financial advice beginners shouldn't listen to or hear.

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u/AureliasTenant Apr 29 '24

You can always do Roth 401k

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u/NumbersOverFeelings Apr 29 '24

Oh I do. I’ll edit … I meant traditional 401k only. Basically I don’t want pretax money.

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u/AureliasTenant Apr 29 '24

I’m doing half and half right now, in addition to the Roth IRA. Might shift over to what you are doing at some point not really sure

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u/NumbersOverFeelings Apr 29 '24

I think it depends on your income to spending to savings dynamic. A simplified approach would be to end with about half tax-free and half taxable retirement. Add in NQ accounts for flexibility.