Retirement Contributions
This may seem pretty obvious, but once you retire, you will no longer contribute to your 401(k) or IRA.
Most people get worried about their income and forget that a large amount of it goes into budgeting for retirement itself. Therefore, it’s best to calculate your income depending on this factor if you’re not retired yet.
Click here to see if 401(k) or IRA is better for you to save money.