This Could Be Your Best Strategy for Funding a 401(k)
Saving independently for retirement is imperative because without personal savings, you might struggle to pay your bills later in life. This might especially hold true if Social Security cuts come down the pike, which is a possibility based on the program's financial situation.
If you have access to a 401(k) plan through your employer, you may be inclined to make the most of it. And you might assume that the best approach to your 401(k) plan is to try to max out by contributing as much as you can. But actually, there may be a better approach to funding your 401(k).
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Source Fool.com
