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Reply to "401k Numbers "
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[quote=Anonymous]I'm 35 and only began contributing towards my 401k in the last 5 years. Stupid I know, I was just never educated about it. Anyway, I have $20k now in an annuity and my husband probably has close to the same. To retire at 65 ish... What should I be contributing annually to live? Someone told me they knew of an elderly couple that lived off $50k a year and thought that was the bottom of the barrel.... $100k a year seems crazy to means unattainable. Our HHI is $185k. Our kids college is paid for by my family.[/quote]
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