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Reply to "Why max out 401k?"
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[quote=Anonymous][quote=Anonymous]OP here. After writing my post I went and tried the Vanguard calculator and my estimate became less than half 😒, probably without SS. I was using the calculator that comes with the investment company from work, Voya, which didn’t have me input any number, so not sure what wild assumptions they made 😝 I get I may need to reconsider my financial picture after using other calculator and thinking about current and future priorities. The reason I think I am in good shape for now is that we are south European expat and will probably retire back there, where even a 2k monthly pension is considered not bad. We would have that already from SS.. Am I missing something? Things may get more complicated and expensive if children stay here and we have to travel back and forth..[/quote] OP - one calculator is using today's dollars, another is using future dollars. [/quote]
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