Americans earning over $75,000 should generally be maxing out their 401(K) contributions every year, according to a retirement expert. Certified financial planner Rachael Burns says that although circumstances vary, anyone without dependents over that income threshold should be contributing the full amount to guarantee a good quality of life in retirement. 'If you're earning $75,000 and you don't have children but you do have somebody to share your living expenses with, it's probably a realistic goal to max out your 401(K),' she told DailyMail.com.
Load More
Load More