I've been doing the minimum 401K contribution (6%) to get all the company match. I've been doing this in order to pay off CC and loan debt.
I've now paid them off and want to up my 401K contributions. I don't plan on maxing out since, I also want to build up cash reserves (need a car soon, moving expenses, etc). I was planning to go from 6% to 13%. So far I have all my 401K in traditonal. I like the idea of a Roth (tax free growth) but, don't know if it makes sense since I still am not maxing traditional contributions. I am 60yo and expect to work another 3+ yrs.
Rob