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Reply to "Do you colleagues/friends talk about money? Ever surprised by what you hear?"
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[quote=Anonymous]In a newish job and in my workplace my peers -- in their early/mid 30s -- seem to talk about money more openly than I've ever heard in the workplace. People got into a discussion re 401ks -- we had a 4% match yet about 2 yrs ago the company started telling people to contribute at least 7% bc the match would be raised to that level -- and when it was, we'd get funds retroactively. So that retroactive transfer just happened and while I was happy to see extra, most of my colleagues were talking about -- right, like anyone can contribute SEVEN percent. That's far too much. Even though 7% at our salaries, would NOT get us to 18k. I found it interesting/surprising. These are attorneys in their 30s -- sure there are student loans, but most don't yet have houses or kids, some don't keep a car bc they live in the city. If these people aren't maxing out to 18k, who is?! Guess I'm just surprised -- maybe bc "18k" was drilled into my head. Or maybe bc I read this board where everyone talks about how they have 500k or 700k or whatever by age 35. Ever get into this kind of convo with people? What do you say? FWIW I nodded along and didn't say a word bc I didn't want to share what I am or am not doing.[/quote]
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