If you read my advice often, then you know that I am constantly encouraging you to save as much as possible for retirement.  Why?  Because I want you to be wealthy, take advantage of tax free savings, and reach financial freedom as quickly as possible.  And even though I continually advocate all the benefits of hitting your 401k max, sometimes it’s just not going to be practical or feasible if you have a limited income.  In fact in a few cases, there may be other things you need to consider that may work out better for you long term.   … [Read more...]