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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][quote=Anonymous][quote=Anonymous]I am 39. I have 90k in my 401k and about $280k in cash. (I know I need to do something with the cash but I'm extremely risk averse.). DH has a little less in his 401k and a little more in his investment account. [/quote] You need to do something about that cash. Not enough 401k.[/quote] I agree but what can I do to fix it? I'm maxing out the 401k now. There is no way to catch it up, or am I missing something? I'm trying to figure out how to do an IRA or something else to compensate. I'm embarrassingly financially illiterate. [/quote] Make your own thread with a few more specifics. I am sure people will give you different ideas you can look into. What you provide above is not detail enough to suggest much. [/quote]
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