I Don’t Contribute to My 401K, Should You?

From Fly to FI …

For 99% of the population, 401K contributions are a no-brainer. The tax savings, investment growth, and employer match are difficult to make a case against. However, I do not contribute to my 401K. I am in the 1%, but only due to certain, specific conditions.

The main reason I don’t contribute to my 401K is that I believe that I can earn far greater returns by investing in my entrepreneurial ventures. At my age, I have tremendous freedom to fail and take risks. If one venture doesn’t work out… Oh well!

I Don’t Contribute to My 401K – Should You? – Fly to FI