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At 40 yrs of age, how much do you have in your 401K accounts? What about your spouse?
We have around 150K each, and from what I read everyday in DCUM that is way too low. |
| I'm 42 and DH is 46. We each have about $200k but DH also have about $500k in a deferred comp plan. |
| We're 43 and 45 and have about 600k total. |
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OP what is your income? Otherwise how do we know if you have enough?
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| We'll have about that much at 40. We only maxed out employer matching until late 30s. 401ks are about 1/3 or 1/4 of total savings (not including home equity). |
| In the last three years we've managed about $150k. I'm actually hoping for a promotion that gets my access to a deferred comp plan. |
| 39. 11K. |
| 39 yo 36,000 so far in IRA. Late start, unfortunately. |
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40, $50K in Ira
Spouse is 42, $150K in Ira, $25K in 401K |
| 34. 115-ish. |
| I'm 40 and single with $390k. |
| 34, $35K btw DH and I. $110K HHI. |
OP here. Thanks everyone. Current income is 140K, but that is for last 2 years, was making around 100K for the most part over last 10 years which is the number of years I have been deferring, and always deferred 10% |
| 51 and 55 with total 2 million |
| 34/35 405k |