Reply to Tell me how much you have saved in your 401K at age 40.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm 34 and DH is 35 we have about 700k in 401k. About about 50k in 529 (total with 4 kids). While this feels good we still don't own a house due to all of our saving. [/quote]

I'm feeling really behind. DH and I have maybe 100K total across retirement accounts, 35 and 37. We both had student loans with no family help. We do have a house in DC tho, that is already worth much more than we paid for it 3 years ago plus we were able to put 20% down because we got on the property ladder right after the housing bust. We just started maxing out this year. Before we were both only doing enough to get the max match (one private, one fed). [/quote]

You're fine.  You're probably not on track to retire early or anything, but if you max out for the next couple decades you'll have a big stack.  If you're working another 30 years as a fed you'll also have a decent pension, plus SS.  I wouldn't worry about being "behind", just focus on the future. You're doing far better than most. [/quote]

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