Reply to Super-savers in 401(k) - what are your retirement plans?

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[quote=Anonymous][quote=Anonymous]Do you hold 100% of your retirement in cash?  or 0% return?  In your hypothetical, thats how you end up at 1.2M.  assume 7% and you're at 2.5M   over the last 10 years the s&p has returned 13.9%.

So I don't know what to tell you.  I'm 40.  My company matches 100% up to 12% of my salary.  I started at ~60k 20 years ago, only hit max contribution last year, most of my part is post tax.  I have over 2M (just me) in my retirement account from nothing other than contributions to my company plan.    If I keep my contributions at the current level (which I won't, it will go up from here along with the caps) and estimate a conservative 5% return, in 20 more years I will have 6.7M.  If returns are what they have been for the last 20 years, I'll have 13.1M [/quote]

The real S&P 500 is at 4,152 right now. Ten years ago it was about 1,400. That is 297% growth over ten years which equates to 11.5% YoY growth. How has your magical S&P 500 generated 13.9%? Oh right, it hasn't. You're full of it. And, I might add, that OP is in their early 40s, just like you, which means you've both been compounding since 2000 or so. [b]The S&P 500 YoY growth since 2000 has only been 5.9%. [/b] Learn to do some math before making silly claims that confirm your stupidity.[/quote]

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