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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If he’s just starting now, post law school, he’s already missed some crucial years. [/quote]

He was supposed to save during law school?  What an idiotic position.  [/quote]

It's not that he was supposed to save [i]during[/i] law school, it's that he's behind where he would be [i]but for[/i] attending law school. He did miss some crucial years. He has time to make it up, and obviously won't be hurting if he eventually lands at a white shoe firm, but starting to save at 22 is a huge advantage relative to starting to save at 27. It's just basic math.[/quote]

I'm going to bet that the kid who got a federal clerkship out of law school is going to end up better off than the kid making maxing out his 401k for years 22-26.  [/quote]

Maybe! But also maybe not if he took out substantial loans to pay for law school and pursues a career path that is not particularly lucrative. The calculus is complicated, and, in any event, neither here nor there. My response to the PP who wanted to condescend about saving during law school being idiotic is to clarify the other PP's point that the son has indeed missed some crucial years, which may provide context to the OP for his savings decisions.[/quote]

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