Automate and Increment

It’s the beginning of a new calendar year. If you’re currently employed, wouldn’t you like to get a raise?

Since you’re in charge of your own retirement account, you should go ahead and give yourself a raise by increasing your 401k contribution by +1%.

Some 401k plans even allow you to automate a +1% increase to contribution automatically. If you have this option, go and turn it on. And thank me when you retire like a baller.

Do it.

You’re welcome.

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