Age, income, and amount saved for retirement?
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Anonymous
| I’m taking a poll. I’ll go first. Age 44, income 125k, retirement savings are 540k. |
Anonymous
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I think there are tons of threads on this topic if you run a search. Regardless, H and I are as follows:
Me: 45, $180K salary, $700K in retirement funds, $80K pension. H: 47, $125K salary, $700K in retirement funds. Taxable investments, 529s, etc are separate. |
Anonymous
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Me: 54, $170K, $1.4mil
Spouse: 59 $150K (roughly, they are a contractor), $1.4 mil. Spouse made way more money than I did for a lot longer but I saved more earlier on. Power of compounding growth. excludes cash account ($200K) and 529 investments (fully funded for in state) |
Anonymous
| 48, $190K, $1.3 million (includes TSP and a Roth IRA) |
Anonymous
| 42. Single income/SAHM household. $3M retirement and taxable investment accounts. Salary fluctuates $300-400k the past few years but started in the mid 100’s out of grad school. Had two “events” each worth about $300k - proceeds from the sale of a rental and company exit event. That $600k was fully invested and not spent. We live on about $12-13k/month total. |
Anonymous
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59/54; Income - $0/$225K
End of 2023: *401K and Roth - $2.8M; *Non tax-sheltered accounts - $4M (also meant for use in retirement); excludes cash and 529. |
Anonymous
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51/58 $155/165k 6 million
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Anonymous
| 48/45 $500k/$250k 4 million |
Anonymous
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DW aged 37: Salary 125k, 401k 120k
DH 42: Salary 140k, 401k 250k Home Equity is 350k |
Anonymous
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DH Salary $25k, 403(b) $350k
DW Salary $230k, 401(k) $880k We are turning 50 this year and hope to use the last decade of working to beef these up and retire at 60. |
Anonymous
Me again, forgot to add we have Roth IRAs $500k for me and $200k for him. That means a total of 7.5x our salaries at 50, which is more than on-track according to Fidelity who says 6x by age 50. I'm really proud of where we are with so many health challenges from DH. He did tell me this morning we may have to move from our townhome because of the stairs, though. Was hoping to get another 10 years here, but we will see. Fortunately, it's a good townhouse and will sell quickly, but I'm not ready to go into a condo yet and we can't maintain a SFH. |
Anonymous
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44
10M+ stock portfolio dividend income no work income |
Anonymous
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Income
46: $2M 47: $110K Retirement accounts 46: $2.125M Roth 46: $500k 403b, $450k Roth, pension Non-retirement account investible assets: $30M Total net worth around $40M |
Anonymous
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60/56
Current income: 225K/0 Retirement accts: 2.3mm/500K Brokerage: 3.5mm MM: 365K |
Anonymous
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For the sake of the common folk:
I’m 45, make 100k, and have $350k in my 401k. DH is 55, makes 130k, and has $650k in his 401k. We only reached this income in the last three years and I’m proud of us; maxing our 401(k)s is a real sacrifice. |