Reply to Super-savers in 401(k) - what are your retirement plans?

Forum Index » Money and Finances

Reply to "Super-savers in 401(k) - what are your retirement plans?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]DH and I are in our early 40s and each have about $750,000 in our TSPs - we're feds so also each will have about 30% of our salaries in defined benefit pensions, our house paid off, and fully funded 529s for our kids. We thought that we were doing great based on retirement calculators, financial advice articles, etc.  And then I look on this site and it seems like half the people have $4-5 million in their 401k's.  I'm interested in what you have planned for retirement. Of course we'd like to travel, etc., but we're also balancing the desire to enjoy some of our money now with vacations while we are in good health (because who knows what will happen to us in 20-30 years). [/quote]

People who have $4-5M in their retirement accounts in their early 40s are extreme outliers.  You're an outlier with $1.5M combined at this age, plus a pension.  Keep it up because what you're doing is clearly working.  Don't waste time worrying about DCUM posters (who may or may not be telling the truth) doing better than you, since you're doing very well yourself.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics