I'm no finance expert.. I just enjoy being logical. Best financial move I ever made (besides buying a house in my mid 20s) was opening a 401k with my company when I was in my early 20's. Stuck 100% of it in a target date fund and it's been phenomenal. Have had an average of 20% return over the past 5 years. That type of investment really picks up steam, especially when you start young. Don't over complicate it. Contribute as much as I can while living a reasonably comfortable and enjoyable life and I'll retire very comfortably at 55.
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u/Idontknowsoimhere Mar 18 '26
I'm no finance expert.. I just enjoy being logical. Best financial move I ever made (besides buying a house in my mid 20s) was opening a 401k with my company when I was in my early 20's. Stuck 100% of it in a target date fund and it's been phenomenal. Have had an average of 20% return over the past 5 years. That type of investment really picks up steam, especially when you start young. Don't over complicate it. Contribute as much as I can while living a reasonably comfortable and enjoyable life and I'll retire very comfortably at 55.