Reply to How many people max out BOTH the 401k and 457(B)?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not 457, but max out my 401k and Mega Roth. 24,500 401k +10k employer match +34,500 Mega Roth. Total annual contributions  $69,000.  My DH does 401k, plus his 8k roth catch up. RMDs will kill us. [/quote]

Same with us, plus we max HSA and don't spend it. We've been maxing the federal limit for a decade. Both late 30s with 3.8M in combined retirement funds. I don't know what we're going to do with it all, but we keep maxing it every year since it seems like leaving money on the table not to. [/quote]

Dear Simpleton:

Thank you for so blatantly revealing your stupidity. It is mathematically impossible to have accumulated such an amount in retirement savings by your late 30s even across four separate 401k, 403b, 457, or Roth accounts and with employer matching. You’re not even smart enough to provide improbable numbers.

Even if only the spirit of your post is true, this strategy makes you look like a total fool. You’re either so dumb that you can’t figure out how to balance near-term spending with long-term investing or so indolent that you’re hoarding extreme amounts of money to retire early and escape a job for which you’re clearly not a qualified fit.

It’s all about life choices. Perhaps in your next incarnation, you’ll roll the dice more favorably. Sigh.[/quote]

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