Investing Specialists

For High-Income Investors, 'the Max' Might Not Be Enough

Christine Benz

Many investors take it as an article of faith that contributing the maximum allowable amounts to their tax-sheltered accounts, both company retirement plans and IRAs, is a hallmark of financial wellness.

And there can be no doubt about it that for some households, even middle- and upper-middle-income ones, filling those baseline accounts up to the limit each year and earning a moderate return is enough to help them maintain the same standard of living through retirement that they enjoyed while they were working.