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Reply to "What amount did you have in retirement at age 40/a decade ago and where are you now?"
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[quote=Anonymous][quote=Anonymous]This thread is not normal for your avg person. I too max out my 401k and ira, but the vast majority of Americans can't do that. Count your lucky stars you are able to max. Just trying to keep things in perspective here. DCUM posters are vastly better off than large majority of the rest of the country. [/quote] Exactly! Not everyone is able to match the max each year! It is a lot of money for most people. I think people on this thread say, oh max out right when you start working but not everyone is able to do that. You’re lucky if you can. My husband was working on starting his own business and we just started contributing the max at 35...before then I was just doing the match. [/quote]
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