Thoughts on 401(k) vs Real Estate for Retirement?
I am currently saving up money for a down payment on my first investment property. I plan to use real estate investing as my primary retirement nest egg and as cash flow to sustain me after retirement. I just graduated college and started full-time as an engineer, which allows me to save a good amount of money for a down payment. I have the opportunity to start investing in my 401(k) through my employer. Should I even consider putting money into my 401(k) or use that money to save up for my down payment?
I'm currently leaning towards skipping the 401(k) all together. Any thoughts from people getting started and experienced investors would be appreciated!