Why you might want both a traditional 401(k) and a Roth

Planning young: a retirement roadmap
Planning young: a retirement roadmap

I split my 401(k) contributions 50/50 between a standard and a Roth. The thought process is that it allows me to take money out tax-free during big spending years in retirement and the opposite during normal years. Is this the correct thought process and a good idea?

Planning for your retirement involves balancing what you’re willing to set aside now, with what you’ll pay in taxes while in retirement later.