<prompt> Human: Hi Reddit,I am 27 currently and starting my first major job. My base pay is 130k annually.My employer offers a 100 on the first 3, then 50 on the next 4. If I put in just that first 7, I would be putting in 9,100 and getting 6,500 in the match. I would then put in 5,500 in a IRA Unsure if I should do a backdoor.Total contribution for retirement would be 20,600 annually. Assuming an 8 return over 30 years I would be left with 2,877,412.41Im assuming taxes will need to be paid upon withdrawal of funds. so what would this really account for in terms of how much take home pay I would get yearly if I stopped working at 60?Should I try to invest more in the 401k post match and try to max it out? Will that substantially change my quality of life in retirement? Thanks for the help with this!Edit: thank you guys for all the insights, this is very very helpful!  <response>: Max it out now if possible. Theres no reason not to. The additional money you put in now will have that much more time to grow prior to retirement.You will always be able to scale back contributions later if you feel you are financially secure. But you will not be able to go back in time and add more to get those additional years of growth.Edit: Ill also add some additional reasons I think maxing it out is the smart move. 8 returns is a generous estimate, and maxing it out would help prepare you if returns were less. Additionally, in the future you might find yourself in a position where you cant contribute as much if you have kids you want to help send to college, saving to buy a house, medical emergency, etc.. If you can get ahead of the game now your retirement savings will be in a better position to weather any storm. 