I am considering reducing my 401(k) contributions from 16% to 10% so that I can save more for purchasing my first home. I know that most financial resources seem to recommend putting away closer to 15% of your income. Does this estimate include contributions from my employer? Or should I not even factor it in? One reason it’s a little more confusing for me is that my employer does not actually offer a match but instead has a profit sharing program where they lumps sum x amount into my account at the start of the year (based on the profits of the previous year). So because they don’t regularly match x% of my income, I hadn’t really considered factoring in to my saving estimates.