How Much Should I Contribute to My 401(k) After Graduation?

If you are entering the workforce straight from college, you should sign up for the 401(k) option through your employer and contribute a minimum of 10% of your salary. Ten percent is a good amount to contribute each time you are paid. By contributing 10% as soon as you graduate, assuming you are in your early 20's, you are ensuring that you will have a good start on building your nest egg. Since you are not used to having a lot of extra spending money, your paycheck will still provide you enough money to do pretty much anything you want.