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Reply to "Tell me how much you have saved in your 401K at age 40."
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[quote=Anonymous][quote=Anonymous]When we were about 40, my husband and I had $325K between us in retirement accounts (401k+IRA). We are now about 50 and we have $1.2M in those same accounts with only one of us working (so only one of us is contributing to a 401k, although with a very generous match).[/quote] Wow! Thisnis inspiring. I feel like we are behind. We are 40 and have ~500k (and this is due to 16% in returns in 2016...huge boost!). Only in the last few years have we been able to both contribute the full 18k each and do the 11k annually in IRA. We also both get an approx 10k each employer match so a total of 67k retirement contributions a year. If we track similar to yiu, but the two incomes and the two emoloyer matches, maybe we'll be a 3M by 50[/quote]
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