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Reply to "2019 I turn 50 - is there a reason NOT to do 401K catch up?"
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[quote=Anonymous]Starting in my late 20s, I have maxed out my 401K and now have a nice nest egg. Given the complete financial situation, we have a bunch of equity in our house and will have it paid off in 5 years, no other debt, decent 519 savings for my children and my DH is a Fed who gets really good health insurance. I turn 50 next year and know that there is the option of increasing my 401K savings for catch up. I do not see a reason to catch up as I think we are in really good shape and would prefer to take that and use it for quality of life items at least the next few years (I want to take a few trips to places like Alaska, Grand Canyon, Canadian Rockies etc.) Am I missing something? [/quote]
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