<prompt> Human: Is it possible to put away 18K max contribution to your 401K on a 60,000 salary? I already have 21K in a brokerage account and 10K in a Roth IRA. I worked a lot in high school at a restaurant, so that is why I have a head start compared to most people my age I think, not to sound snobby at all. I am only 23 so I am wondering if I should try to boost my bank account first, rather than put 18K away for 40 years down the road. Any advice would be appreciated, thanks.  <response>: Its hard to save you are ever saving too much. The better question is if you are saving in the right way. At some point you are going to have some financial goals like a house, children, wedding, investment property, early retirement whatever. Obviously you can only invest each dollar once so you need to make a long term plan, figure out goals and how to reach those goals. 