Age, income, and amount saved for retirement?

[Anonymous]

43

$250k combined.

$3.5M.

[Anonymous]

Anonymous wrote:Wow, these numbers are off the charts

Yes, but also selection in bias in who chooses to answer. Especially those who chose to answer first. And it is further magnified in that it is impolite to talk about money so a question on an anonymous forum lets people do so.

[Anonymous]

Anonymous wrote:43

$250k combined.

$3.5M.

Includes taxable brokerage

[Anonymous]

31
140K Compensation
250K 401K + IRA

[Anonymous]

Anonymous wrote: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

Did you do a mega backdoor Roth and ... Happen to be an early employee of a company that got bought?

[Anonymous]

46/51. HHI at $180k. Will receive $6k/month pension at 60. Retirement savings at $530k. Currently saving $43k a year including all money pulled out (pension/Roth/403b/457b).

[Anonymous]

Anonymous wrote:44
10M+ stock portfolio
dividend income
no work income

What is your portfolio yield? I'm nearly that level and I'm still at 1.6% yield. I'm fine with it at this phase (still working with seven figure income) but curious what it is for you.

[Anonymous]

Me: 44, $235k, $1.2M in retirement funds
Wife: 43, $187k, $920k in retirement funds

[Anonymous]

43 yo: 190k, 450k available as lump sum in a pension plan (which will provide me with roughly a 200k annual pension if i keep investing the max and stay at the World Bank) and 50k in a roth IRA

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wow, these numbers are off the charts

Yes, but also selection in bias in who chooses to answer. Especially those who chose to answer first. And it is further magnified in that it is impolite to talk about money so a question on an anonymous forum lets people do so.

+1000

If someone asks in the Beauty forum, “How attractive do you think men would rate you on a scale of 1-10?”, what do you think the answers are going to look like?

Well, first, who is going to be reading that forum every time they’re scrolling DCUM? Clearly those who value physical attractiveness very highly and are constantly looking for tips and ideas. If it’s something they value and put the effort into, then they probably *will* be 8-pluses.

And second, the woman who believes she’d be rated a 4 is going to be less likely to post this after seeing that everybody else is an 8 or 9. But by definition, not everyone can be an 8+ in attractiveness.

It’s the same thing with the Money forum and explains why you have to take all the responses here with a big grain of salt.

[Anonymous]

Anonymous wrote: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.

This is one of the few realistic posts on this thread and you seems to be doing pretty darn well...

[Anonymous]

Age 30
Individual income: 170k. Spouse makes 250k
Retirement assets: 135k. I’m individually putting away 50k a year

[Anonymous]

Anonymous wrote:43

$250k combined.

$3.5M.

Ummm yeah the numbers don't add up...you have been in the workforce for probably 20 years tops and you surely haven't made that combined income the whole time...I call BS..

[Anonymous]

Anonymous wrote:

Anonymous wrote:44
10M+ stock portfolio
dividend income
no work income

What is your portfolio yield? I'm nearly that level and I'm still at 1.6% yield. I'm fine with it at this phase (still working with seven figure income) but curious what it is for you.

Very low. I want to keep my capital growth opportunities (all in high tech), and pass those on to my kids.

[Anonymous]

Anonymous wrote:

Anonymous wrote:43

$250k combined.

$3.5M.

Ummm yeah the numbers don't add up...you have been in the workforce for probably 20 years tops and you surely haven't made that combined income the whole time...I call BS..

I initially thought the same about this post, but they could have inherited funds that they invested and consider part of their retirement.