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Reply to "Am I doomed? 48 only 100k in 401k"
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[quote=Anonymous]I didn't start a 401k till I was 40 because I spent the previous 14 years living and working outside the US. When I moved back it was the first thing I did, and I maxed every year since then. I'm 45 now and there's 250k in the 401k already. In just six years. My 401k is in a S&P fund and it's grown aggressively. Doesn't mean it will grow as rapidly going forward but I plan to keep maxing and keep it in the S&P fund. Expect to retire around 67ish, so another 22 years to go. Not too worried. [/quote]
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