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Reply to "Am I doomed? 48 only 100k in 401k"
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[quote=Anonymous]Timewise $100k is often about 25% of the way to a million. At this point your compounding growth and reinvested returns may start to surpass what you add on your own each year. So, your savings will start to accelerate. Focus on at least adding every pay raise into the 401k at work along with the Roth IRA. Make sure to at least get the maximum company match. Also make sure your funds are not too conservative a simple SandP 500 fund is really all you need.[/quote]
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