I am X years old and have X saved in a retirement fund

Anonymous wrote:26 - 50k. I feel behind because with child care we are not able to put in as much. We plan to get right back to it in 3 or 4 yrs though when that expense is over.

That's a nice idea. But it won't happen.

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10/27/2012 22:27

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

DH is 50, combined 2.5 million retirement invested, 1 million house, minimal pension, no dedicated college accounts for our 2 young children by choice.

I am surprised by some of the low amounts saved by a few PPs: is this because of student loans? Or because they have assured pensions plans?
We are barely making 6 figures and have done so only recently, but we have saved and invested our money.

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10/27/2012 22:32

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

Anonymous wrote:This is self-explanatory. Just a survey to see what is average.

39. I have no idea. I know that we have the house. I have probably 100K in my single TSP. Beyond that (and there is more) I don't know the amounts.
And, yes, I know that's not good that I don't know.

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10/27/2012 22:41

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

Anonymous wrote:37, $200k. DH is 34 and has about $55k.

To answer some of the followup questions:

Both Feds at he moment, but don't expect DH to be one long enough for a pension. I have already qualified for some amount of pension and have no plans to leave the government.

No debt other than mortgage, which will be paid off in 14 years, before our 1yr old and any subsequent kids are college age. Have about $10k in college savings for her. HHI is $240k but was significantly lower until about 2 years ago when DH changed jobs which is why his accounts are do much lower. Being in a job with matching funds makes an enormous difference.

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10/27/2012 22:52

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

Ha, ha, ha, ha, ha. Head in the sand, but back at work next year after 10 years home to pile up the moola. Dont want to think about it just yet til I have piled it up.

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10/27/2012 22:54

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

Anonymous wrote:52

About 2 mill

All funded from earnings?

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10/27/2012 22:58

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

a lot of people lost matching funds over the past few years.

And there were also those who lost 50% of their accounts' value practically overnight.

Honestly, these amounts are pretty meaningless. These things are tracked more by percentages of HHI by age.

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10/27/2012 23:35

Subject: I am X years old and have X saved in a retirement fund

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Anonymous

Anonymous wrote:a lot of people lost matching funds over the past few years.

And there were also those who lost 50% of their accounts' value practically overnight.

Honestly, these amounts are pretty meaningless. These things are tracked more by percentages of HHI by age.

The total value is also relevant.

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10/27/2012 23:55

Subject: Re:I am X years old and have X saved in a retirement fund

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Anonymous