Dear all,
I'm starting a new job (hopefully) by the end of the month, and my current plan is to direct close to 100% of my salary to my 401k so that I can max it out for the year. I was working overseas and wasn't able to contribute to retirement for the past 2 years. I figure this is good planning because it will lower our tax base for 2019, set the money aside for the future, etc. We should have no problem affording this with DH's salary, and if it is difficult, we can tighten our belts until the end of the year. I just wanted to ask if there is anything I'm overlooking in proceeding this way? Thanks!