I think I can manage my money better.
Tax benefit
What are the top 3 areas where you would invest?
Company match + tax benefit + saving for retirement
You can manage money within a 401k however you want, you do it for the company match and tax deferment.
Absolutely you can, but that doesn’t mean you can right now. Diversifying investment is the basic key to investing. You’ll make way more putting it elsewhere, but they’re way riskier. Finding a mixture is how you do personal investment. 401k is pretty stable and works well with taxes. You should put something in.
Sounds like someone wants in on some litecoin 😏 What they said. Tax deferment. X100
There are other tax deferred retirement vehicles, the answer is company matching
Example?
The tax advantage and company match are worth quite a lot of money. I’d be shocked if Intel didn’t give you access to a low fee S&P 500 index fund. Put 401k funds in there and you’ll almost certainly do well over a sufficiently long time frame.
Tax benefit in high return/dividend taxable income areas like REIT. Research Asset Location (different from Asset Allocation). Read up bogleheads.org if you invest in same funds in regular investment account rather than 401K, you will pay more in taxes.
Company match