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Reply to "What is your HHI and how much do you save?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't understand how people are say, in their 40s, with roughly a $200k income (assume didn't earn that the whole time) and have multiple millions of dollars in investments....? Were you able to max 401ks or something from day 1 at age 21? Even if you max your 401k from age 21, it would take 20+ years to get to "multiple millions" with compounded interest[/quote] "Were you able to max 401ks or something from day 1 at age 21?" Married at 23, and then...yes. "it would take 20+ years to get to "multiple millions" with compounded interest" Correct. [/quote] Well dang, hats off to you. Got till my 30s before even starting a 401k or accruing much savings at all (and then.... kids and daycare).[/quote]
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