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The Unfortunate Truth About Maxing Out Your 401(k)


Maxing out your 401(k) may seem like a no-brainer for your financial bucket list. If you maxed out your 401(k) consistently for a couple of decades, you could easily retire a millionaire.

A 401(k) is a great wealth-building tool. But if you're thinking of pushing your contribution to the limit, you may want to reconsider. Read on to learn about the downsides of maxing out your 401(k).

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Source Fool.com


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