I disagree on after-tax contributions. This is money that's in a pretty high tax bracket, and there's a decent chance you'll be in a lower one when you withdraw. It also takes away a lot of flexibility (retiring early, buying a home). I picked a random online retirement calculator. If you're 22, no savings, and can manage $19K in the traditional 401(k), including the match, that's $8M when you're 67.
Saving for retirement is great and all, but when is enough enough?
Saving for retirement is great and all, but when is enough enough?