401K account balance

[Anonymous]

39, about $175k in DH 401k, $55k in DW. But DH also has a pension that us currently vested at $4,700 a month post-retirement (full amount is insured too, thankfully.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:36 and 37 with $625K in Roths and another $175K in non Roths.

How did you get so much? Isn't the limit $5500k/yr?

We rolled over 401ks and paid a boatload of tax. But to never pay tax on that money again. It is literally worth millions.

At least until Congress claws that back. Which it will some day.

I hear this a lot. To change the law retroactively as to money I already paid tax would both be a taking prohibited under the 5th amendment and an possibly an ex post facto law prohibited under article 1, section. 9.

The "taking" can be achieved using various "flavors"....here's one...

http://www.reuters.com/article/2013/09/04/poland-pensions-idUSL6N0H02UV20130904

[Anonymous]

About $1.7 million, but we're in our early 50s.