Reply to Do you colleagues/friends talk about money? Ever surprised by what you hear?

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[quote=Anonymous][quote=Anonymous]A few months ago, I remember reading on this Money Forum that someone benefitted greatly when her manager urged her to max out about 20 years ago.  She is now SO grateful to that manager for suggesting that.

In my own case, when I was 26 years old and just starting in BigLaw, I recall our HR manager saying at orientation that we really should definitely max out if at all possible because we were young and had time on our side.  She kept saying it over and over, and showed us a Powerpoint about how our money would grow.  It made an impression on me, and so I've always maxed out (even now at 46 years old and long out of BigLaw), and am SO grateful to that HR manager for making such a big deal out of it.

If I see a newbie at my company, I'll urge them to max out or close to it. Some people don't get financial education from their parents.[/quote]

That's my situation. I have been making a good salary since I was 27, and never contributed to the company's retirement plan until this year (5 years later). Thinking of the amount of money I could have accumulated kills me. Didn't get financial education from anyone, including my parents. They have a high HHI but also didn't contribute to any pretax retirement plan for years, and never advised me to either.[/quote]

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