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You are a newly hired analyst at a top company Your starting salary is $80,000...

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Finance

  • You are a newly hired analyst at a top company
  • Your starting salary is $80,000 year
  • You are attempting to save about 10% of your income
  • You have the following options for savings and investment.

  1. A Company 401K Plan that matches the first 6% Pretax Contributions at a 50% Match rate
  2. Your own Individual Retirement Account (IRA) with a balance of $5,500.
  3. Your own Roth IRA with a balance of $1,250.
  4. Your brokerage account with a balance of $2,500

how much would you save each year and in which savings options would you put the money?

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