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Reply to "How much should be in 401k at age 40?"
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[quote=Anonymous][quote=Anonymous]Let me give you one possible scenario: If you have 300k now and max your own contribution every year, and have an employer contribution of 25k. You 401k will become $1.6M in 10 years assuming 9% annual return (so you have to take the risk and invest aggressively).[/quote] WHAT EMPLOYER CONTRIBUTES 25K YEARLY[/quote]
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