this post was submitted on 11 Sep 2026
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40 year olds, what financial advice would you have for a 30 year old? (sh.itjust.works)
submitted 3 days ago by StarvingMartist@sh.itjust.works to c/asklemmy@lemmy.ml
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50 and older, I'm sorry, but in my personal experience, your advice has been a little out of date.

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[โ€“] StarvingMartist@sh.itjust.works 5 points 3 days ago (3 children)

I think I maybe signed up for it when I was 23? I'll have to look into it again

[โ€“] grue@lemmy.world 12 points 3 days ago* (last edited 3 days ago)

Check that your fund allocation is appropriate (e.g. a target-date fund or otherwise 80%+ stocks). It would be an absolute disaster if your money has just been sitting in the cash sweep account this whole time.

Also, up your contribution percentage to max it out.

[โ€“] Kronusdark@lemmy.world 3 points 3 days ago

I was a dumbass and withdrew my first one when I changed jobs around age 26. That job had profit sharing too. Such a waste.