Thoughts on the Future Roast 401k?(self.starbucksbaristas)
submitted by MissCleoDarling
Hey all,
I've read the material on line, I watched the video but I still don't totally understand. I thought it was more of like a savings folder but the video made it seem like an investment. Is it a safe bet? Anyone have any experience with this?
Obviously i'm pretty young and don't know much about this so any insight would be great
ilovebrandonj3 points3y ago
It’s a pretty standard 401K which is an investment, but ya it’s basically savings. They match up to 5% so if you put in 5% you’re technically getting 10%. Super worth it
colonade172 points3y ago
It's a relatively conservative investment. You can choose how safe or risky you want to be. There's also an employer match up to 5% of your paycheck (if you earn $100 and put in at least $5 starbucks will put in another $5). There are financial advisors at fidelity who can talk you through any questions you may have about it.
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